Retirement Plans Content

Washington, DC; November 30, 2023—The Investment Company Institute (ICI) announced that it and eight other associations will host the ERISA 50th Anniversary Symposium and Gala on Thursday, September 12, 2024, to mark five decades since the landmark law’s passage. The ERISA 50th...

Washington, DC; October 31, 2023—Investment Company Institute (ICI) President and CEO Eric Pan released the following statement regarding the Department of Labor's (DOL) proposed rule updating the definition of an investment advice fiduciary under the Employee Retirement Income...

Washington, DC; September 28, 2023—Employers play a significant role in designing diverse investment lineups in 401(k) plans, according to an updated study from BrightScope, an ISS Market Intelligence business, and the Investment Company Institute (ICI). The study, The BrightScope/ICI...

On September 2, 2023, ICI Global provided comments on the International Organization of Securities Commission’s (IOSCO) consultation on proposed Liquidity Management Tool (LMT) Guidance for Open-Ended Funds (OEFs). Our members help millions of retail investors around the world by...

On September 2, 2023, ICI Global filed comments with the Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO) regarding their recent Consultations on liquidity risk management in open-ended funds (OEFs). Read more in the comment letter.

On August 23, 2023, ICI submitted a comment letter (Letter) to the IRS and Treasury addressing SECURE 2.0 Act section 305, which amends the Employee Plans Compliance Resolution System (EPCRS), and IRS Notice 2023-43, which provides interim guidance under section 305. The Letter, which...

Critics of the current retirement system often claim that Americans have insufficient income in retirement and that the system’s voluntary component is failing, leaving retirees too reliant on Social Security. 1 While these assertions are used to justify proposals to overhaul employer...