Browsing Tag
Investment Company Institute (ICI)
159 posts
The Investment Company Institute (ICI) is a leading global association representing regulated investment funds, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts. Based in Washington, D.C., ICI advocates for fund shareholders, promotes industry best practices, and engages with policymakers on financial regulation. It also conducts research and provides education on investment trends and fund economics.
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
401(k) Loan Activity Among Younger Workers Rises with Age
The study by EBRI and ICI found that 29% of younger 401(k) participants had an outstanding loan at some point in the five years analyzed, compared with 18% at year-end 2016
DC Plan Asset Growth in Q1 Outpaces Overall Retirement Asset Gains
ICI data shows defined contribution assets increased 5% during first three months of 2023, compared to a 3.5% rise for total retirement assets
IRI and ICI Voice Disapproval on Proposed SEC Custody Rule
The ICI and IRI criticized the SEC's proposed custody rule, claiming that it would impair annuity access
DC Withdrawal Activity Remained Low in 2022: ICI
Research from the Investment Company Institute finds withdrawal and contribution activity remained low in absolute terms throughout last year
Over Half of Americans Surveyed Use IRAs for Retirement
Latest findings from ICI show that IRAs represent 34% of total retirement market assets in the U.S., up from 18% recorded decades ago
Industry Leaders Denounce SEC Swing Pricing Proposal
ERIC, SPARK Institute, ICI and IRI have all issued statements against the SEC proposed mandate for open-end funds
‘Financial Exploitation Prevention Act’ Unanimously Passes House
Bipartisan bill to protect at-risk seniors from financial scams and exploitation heads to Senate
Total Retirement Assets Fell in Q3 2022
Recently published ICI data finds U.S. retirement assets fell 4.5% from the second quarter of 2022