Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

Stable funds bad defaults: ICI

The US Investment Companies Institute (ICI) has called for retirement funds to be invested to achieve growth, and dismissed calls from the US life insurance industry that capital stable funds be allowed as default investment choices in 401(k)s.

Upgrade your subscription to access this article

And gain access to:
  • All website content, including archived news
  • Home page news customisation
  • Tech Zone, your technical resource library
And more
Already A Subscriber?