News Release Content

ICI Commends President’s Advisory Panel on Federal Tax Reform for Contributing to National Tax Reform Debate Washington, DC, November 1, 2005 - Investment Company Institute President Paul Schott Stevens today commended the President’s Advisory Panel on Federal Tax Reform, headed by...

Fund Ownership Steady Over the Past Few Years, But Remains Below 2001 Peak Ownership Continues to Grow Inside Retirement Plans Washington, DC, October 31, 2005 - The number of households and individuals owning mutual funds has remained steady over the past three years, according to an...

ICI Commends Sen. DeMint on Introduction of Tax Reform Measure Washington, DC, October 26, 2005 - Investment Company Institute President Paul Schott Stevens today commended Sen. Jim DeMint (R-SC) for proposing significant simplification and greater fairness in our nation’s tax system...

World’s Investment Groups Adopt Statement Of Principles Global Industry Underscores Responsibility To Investors  Washington, DC, October 24, 2005 – The International Investment Funds Association concluded its 19th annual meeting by adopting a statement of principles that recognizes...

ICI President Stevens Congratulates Riepe on His Retirement as Vice Chairman of T. Rowe Price Group Vice Chairman Riepe on His RetirementRiepe to Remain ICI Vice Chairman Until April Washington, DC, October 24, 2005 – Investment Company Institute (ICI) pPresident Paul Schott Stevens...

Investment Company Institute Elects Flanagan Chairman New Members Named to ICI Board Washington, DC, October 12, 2005 - The Investment Company Institute's Board of Governors has elected Martin L. Flanagan, President and CEO of AMVESCAP, to serve as Chairman of the Institute for a one...

Study Tracks Shifts in 401(k) Balances Over Five-Year Period Average Balance Rose 36 Percent From 1999–2004 Washington, DC, September 28, 2005 - Americans who continuously maintained 401(k) accounts from 1999–2004 saw their balances increase by an average of 36 percent over the five...

ICI President Urges Securities Markets to Maintain Focus on Protecting Investor Interests Washington, DC, September 22, 2005 – In his keynote address at the 2005 Equity Markets Conference, Investment Company Institute President Paul Schott Stevens urged securities market participants...

ICI President Commends Senators Crapo, Johnson, and Bunning for Sponsoring GROWTH Act to Help Millions Invest for Long-Term Goals Washington, DC, September 21, 2005 – Investment Company Institute President Paul Schott Stevens today commended Senators Michael Crapo (R-ID), Tim Johnson...

ICIM’s Natalie Shirley Announces Retirement Effective Fall 2006; Chairman Cogan Praises Her “Insight and Execution” Washington, DC, September 2, 2005 – ICI Mutual Insurance Company announced today that Natalie Shirley will retire, effective Fall 2006. Shirley, President of ICIM since...