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FCA must offer more guidance on future Priips performance narratives ‘Investment companies are still at a disadvantage in having to produce these toxic disclosures’ The Financial Conduct Authority (FCA) must offer more guidance on the planned Priips changes that will see performance scenarios swapped for text, so consumers can effectively compare products. Earlier this month the FCA proposed a raft of changes to Priips regulation that, among other things, would see “misleading” performance scenarios amended to instead show a written explanation of factors that could affect future performance of the product in the key information document (Kid). The watchdog said changes to the regime would “provide more clarity to consumers” in terms of what Priips products are, the risk they present, and information to help understand their likely future performance.

United kingdomJonathan lipkinMikkel batesCian sayersHannah godfreyInvestment associationAssociation of investment companiesFinancial conduct authoritySheldon millsInvestment companiesஒன்றுபட்டது கிஂக்டம்ஈயந் சொல்பவர்கள்ஹன்னா காட்ஃப்ரேமுதலீடு சங்கம்சங்கம் ஆஃப் முதலீடு நிறுவனங்கள்நிதி நடத்தை அதிகாரம்