State-Run Retirement? Better to Go Private By Paul Schott Stevens (As published in the Wall Street Journal , February 7, 2016) More than 50 million workers—most working for small businesses— lack coverage under employer-based retirement plans. They need greater access to these private...
Beyond the Idea Stage By Dan Waters (As published in Funds Europe, 21 December, 2015) A global transformation is underway in finance. Governments across the world are increasingly asking, ‘How can we allocate capital more efficiently, stimulate economic growth, diversify our sources...
Flawed Regulatory Impact Analysis Caused Labor Department to Miss the Mark with Fiduciary Rule By Brian Reid (As published in Investment News , August 12, 2015) Testifying last month about the Department of Labor's proposed rule to redefine what types of interactions in the retirement...
DOL’s Fiduciary Rule: There’s Still Time to Get It Right By David Blass (As published in The Hill’s Congress Blog on August 7, 2015) The intense debate over efforts by the Department of Labor (DOL) to implement a fiduciary standard for investment advice in the retirement market...
Letter to the Editor: A Tax That Would Only Harm (As published in the Washington Post on June 10, 2015) Harold Meyerson was correct when he said in his June 5 op-ed column, “ A Sister Souljah moment,” that the idea of a financial transaction tax is nothing new. But he was wrong to...
The Best Days Lie Ahead By Paul Schott Stevens (As published in Funds Europe , 20 February 2015) During the past two decades, the regulated fund industry has experienced tremendous growth. According to ICI Global research, global assets in mutual funds have increased from $4 trillion...
Better Retirements? Build on the System’s Current Successes By Brian Reid (As published in The Hill’s Congress Blog , September 18, 2014) Providing a secure retirement for America’s workers is a challenge facing us all, as individuals and as a nation. How are we facing that challenge...
Tackling the Common, Complex Problems of Pension Systems By Paul Schott Stevens (As published in IPE Views , 11 July 2014) The pressure on pension systems shows no sign of relenting. Even before the financial crisis, both governmental and employer-based retirement plans were...
Why Designating Funds as SIFIs Could Hurt Retirees By Paul Schott Stevens (As published in American Banker, May 12, 2014) The regulatory drive to designate mutual funds or their managers as systemically important financial institutions increasingly looks like a campaign to extend the...
Letter to the Editor of the Wall Street Journal: The Complexity of Retirement Preparedness Paul Schott Stevens, president and CEO of the Investment Company Institute, submitted the following letter to the editor of the Wall Street Journal: Clearly, savers face challenges in planning...
