News Release Content

Americans’ Retirement Assets Grew 7% in 2007, ICI Reports 2008 Fact Book Reports That IRAs, DC Plans Pushed Savings to $17.6 Trillion Washington, DC, May 8, 2008 - Americans held $17.6 trillion in retirement assets at the end of 2007, up $1.1 trillion from year-end 2006, the...

T. Rowe’s Bernard Opens 50th Annual ICI Meeting Celebrates Industry’s Foundations, Including Service to Shareholders Washington, DC, May 7, 2008 - The mutual fund industry’s long-standing dedication to a fiduciary culture is one of the foundations that make funds the investment...

ICI President Urges Policy Makers to Build on 401(k) Success Government and the Private Sector Must Work Together, Stevens Says Washington, DC, May 7, 2008 - The nation’s 401(k) system has become the “dominant private-sector device for retirement savings,” and its success will...

Atkins Brought ‘Vigor, Effectiveness’ to SEC ICI President Paul Stevens Lauds Commissioner’s Service to American Investors Washington, DC, May 5, 2008 – ICI President and CEO Paul Schott Stevens issued the following statement on the announcement that Commissioner Paul Atkins plans to...

Most Investors Buy First Fund Through Retirement Plans Three-Quarters List Retirement Saving as Primary Financial Goal, Says ICI Report Washington, DC, April 30, 2008 - Employer-sponsored retirement plans are increasingly the gateway to mutual fund ownership, according to the...

U.S. Retirement Assets Hit $17.8 Trillion in Third Quarter They Now Account for Almost 40 Percent of U.S. Household Financial Assets Washington, DC, April 25, 2008 - Americans’ retirement assets rose to a record $17.8 trillion as of Sept. 30, 2007, according to a quarterly statistical...

ICI To Celebrate 50th Annual General Membership Meeting May 7-9 JPMorgan Chase’s Jamie Dimon, Filmmaker Ken Burns, and Google’s Vint Cerf To Address Conference Washington, DC, April 14, 2008 - The mutual fund industry will gather to celebrate ICI’s 50th Annual General Membership...

ICI Commends Labor Department’s 401(k) Disclosures Proposed Rules ‘Fill a Gap’ for Employers Who Sponsor Plans, Stevens Says Washington, DC, April 1, 2008 - The Investment Company Institute commends the Department of Labor for its comprehensive approach to disclosure for 401(k) plans...

ICI President Welcomes Treasury’s Blueprint On Financial Regulation Washington, DC, March 31, 2008 - ICI President & CEO Paul Schott Stevens today issued the following statement on release of the Treasury Department's Blueprint for a Modernized Financial Regulatory Structure: “ICI...

Fund Investors Welcome SEC’s Summary Prospectus Concept ICI Survey Confirms Enthusiasm for Shorter, Clearer Disclosure Backed by Internet Washington, DC, March 17, 2008 - Fund investors agree that the Securities and Exchange Commission’s proposed Summary Prospectus is the right length...