ICI Pushes for ‘Robust’ Marketplace for Trump Accounts
The Investment Company Institute said the new tax-preferred investment vehicle for newborns would ‘undermine competition’ if they were opened through...
Tag: ICI
‘Complex Challenges’ Ahead as SEC Nears Dual-Share-Class Approval
Since April, the Investment Company Institute has looked into what asset managers may need to launch exchange-traded-fund share classes within...
US Retirement Assets Rise to $45.8T in Q2
Retirement assets now account for 34% of all household financial assets in the country, according to the Investment Company Institute.
Popularity of No-Load Mutual Funds Whittles Down Fees
Expense ratios for mutual funds and ETFs have plunged over the past 28 years, per an ICI report.
Money Market Fund Assets Hit Record $7T
In light of continued market volatility, investors appeared to move money into what they see as more stable investments
ICI Calls On SEC to Reassess Regulatory Agenda Amid Presidential Transition
The investment industry association’s letter highlighted key issues impacting investment advisers and investors.
Swing Pricing, Predictive Analytics, Safeguarding SEC Proposals to be Re-Proposed
The SEC aims to try again with its rules on predictive analytics and safeguarding by year’s end and for swing...
SEC Considering Modified Version of Much Maligned Predictive Data Analytics Proposal
The regulator’s chair noted that withdrawing the proposal is not under consideration.
SEC’s Gensler Seeks to Clarify Mutual Fund Swing Pricing Proposal
The Chairman suggested that the regulator might opt for liquidity fees instead of swing pricing for open-end funds and also...
US Retirement Assets Rise for 4th Straight Quarter Through Q2
Defined contribution plans grew at a rate of 12% to $10.2 trillion, according to ICI, even as separate Escalent research...
US Retirement Assets Grow to $35.4 Trillion in Q1
Retirement assets accounted for 31% of all household financial assets at the end of March 2023, according to ICI.
Census Bureau Survey Underestimates Retirement Plan Participation
Sixty-three percent of workers between the ages of 26 and 64 participated or had a spouse that participated in a retirement plan in 2014, according to the ICI.