Judging from the stacks of files that litter our desktops, the truly paperless office remains a thing of the future. But the Investment Company Institute's Broker/Dealer Advisory Committee (BDAC) task force on paper suppression and DST Systems are working to move the industry further in that direction.

The goal of the committee, which includes representatives from fund families, major wirehouses and regional broker/dealers, is to identify operational efficiencies and best practices. For the past two years, the committee's task force on paper suppression has investigated opportunities to curtail the delivery of paper statements from management companies to their independent distributors.

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