ICI urges Americans to set savings goals as part of “America Saves Week,” which runs through February 28.
An editorial on money market funds was wrong on the facts, wrong on the analysis, and wrong on the mutual fund industry’s commitment to its investors, ICI President Paul Schott Stevens writes in a letter to the editor.
A large majority of Americans have confidence in their 401(k) and similar retirement plans and their investment options, according to new ICI research.
Reinforcing points made in its Report of the Money Market Working Group, ICI said the stable $1.00 NAV provides convenience and simplicity for shareholders.