Browsing Tag
Investment Company Institute (ICI)
137 posts
‘401(k) Industry Owns Congress’ Claims POLITICO Report
While detailing extreme effectiveness of retirement industry lobby, exhaustive report calls it out it for providing tax breaks weighted toward wealthy and blowing out deficit
Insurance Trade Groups Flag Concerns Over DOL Fiduciary Rule Process
A number of insurance organizations called on the Department of Labor to stop on finalizing its fiduciary rule and instead continue its public comment period
CITs in 403(b)s Bill Headed to Senate
A day after three amendments including 403(b) plan parity and e-Delivery fixes were passed, the Expanding Access to Capital Act clears House
New Study Highlights Key Role IRAs Play in Retirement Planning
ICI research shows more than 40% of households own an IRA, with rollover activity fueling growth
Gen Z Outpacing Earlier Generations in Retirement Savings
And they really value their 401(k) plans, separate new research from ICI and The Standard finds
Mutual Funds Turn 100 in 2024; ICI Launching National Partnership Program to Celebrate
Investment Company Institute introducing a program to commemorate an innovation that made saving and investing accessible and affordable
Facts Don’t Back Recent Criticism of Voluntary Retirement Plan Market
Op-ed: ICI Chief Economist Sean Collins fires back at critics of the U.S. retirement system who seek to paint it as average or broken
Fiduciary Rule Comment Period Extension Request Denied
EBSA’s Lisa Gomez tells coalition requesting extension to 60-day comment period that it will not happen; hearing scheduled for Dec. 12-13
A Closer Look at Large 401(k) Investment Menus: BrightScope/ICI Data
Analysis shows plans offer a wide array of diversified and cost-effective options
401(k) Assets Top $7 Trillion at 2023 Mid-Point
Quarterly ICI data released Thursday shows 4.1% increase during second quarter while total U.S. retirement assets approach $37 trillion