Comment: Ignoring the Facts on the American Retirement System’s Success Lynn Stuart Parramore's many claims ignore the facts and the research on the American retirement system. The 401(k) is an effective component of an overall system that has successfully provided adequate retirement...
Mutual Funds’ Duty to Investors By Paul Schott Stevens (As published in InvestmentNews, September 8, 2013) In June 2004, when I became president and chief executive of the Investment Company Institute, the fund industry was still reeling from revelations regarding late trading and...
“Let the Old People Live Good Lives”: Meeting the Global Retirement Challenge By Paul Schott Stevens (As published in Investment and Pensions Europe, September 2013) Long ago, the Chinese philosopher Confucius wrote: “Let the old people live good lives, let those in working age...
The Great Rotation: Are We There Yet? By Brian Reid (as published in NBR’s Voices on August 9, 2013) The following special commentary was written by Brian Reid, chief economist at Investment Company Institute. Though there has been a lot of anticipation of a “great rotation”—an...
Comment: 401(k) Is Effective Component of Retirement System Helaine Olen’s many claims ignore the facts and the research on the American retirement system. The 401(k) is an effective component of an overall retirement system that has successfully provided adequate retirement resources...
Key Points to Remember on Fund Fees By Sean Collins and Bob Grohowski (as published in Money Management Executive on July 22, 2013) Over the past two decades, investors have paid less and less to own shares of mutual funds. That's because investors demand low-cost funds, and because...
Letter to the New York Times on “Funds Engage Actively with Companies on Governance Issues” ICI president and CEO Paul Schott Stevens submitted the following letter to the New York Times: To the Editor: Every mutual fund or other registered investment company is required by law to...
Bond Fund Investments ‘Stickier’ Than Headlines Indicate By Brian Reid (as published in NBR’s Voices on July 11, 2013) The following special commentary was written by Brian Reid, chief economist at Investment Company Institute. It’s been a long two months for bond fund investors...
Letter to the Wall Street Journal on “Worrisome Savings Killer” in Budget Proposal (As published in the Wall Street Journal on April 21, 2013) Your editorial "Now He's After Your 401(k)" (April 12) correctly criticizes the impact of President Obama's proposed limit on the amount that...
Letter to the Wall Street Journal on Editorial Misleads on Money Market Funds (As published in the Wall Street Journal on February 27, 2013) Over the past three years, the Journal has published six editorials on money-market funds. By the time we saw the latest (" The SEC's Big Chance...
