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FCA must offer more guidance on future Priips performance narratives


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 Kingdom , Jonathan Lipkin , Mikkel Bates , Cian Sayers , Hannah Godfrey , Investment Association , Association Of Investment Companies , Financial Conduct Authority , Sheldon Mills , Investment Companies , ஒன்றுபட்டது கிஂக்டம் , ஈயந் சொல்பவர்கள் , ஹன்னா காட்ஃப்ரே , முதலீடு சங்கம் , சங்கம் ஆஃப் முதலீடு நிறுவனங்கள் , நிதி நடத்தை அதிகாரம் , ஷெல்டன் ஆலைகள் , முதலீடு நிறுவனங்கள் ,