Sigh of relief as government plans to scrap problematic Priips Kids
Overly optimistic scenarios in the key information documents risk misleading investors
Priips
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AIC hits out at regulators over lack of action on KID reform
Investment trade body argues use of the Priips documents should be suspended
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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’
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FCA eyes shake-up of Priips regime
Mulls dropping performance scenarios to reduce ‘potentially misleading information being displayed’
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EU lawmakers plan to block Priips reforms over legal concerns
European Commission clashes with Esma over forward-looking performance assessments
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Weekly outlook: Priips debated; UK banks bonanza; and US Fed minutes
The key events for UK wealth managers for the week starting 18 February
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AIC hits out at Kid reforms under Priips regulation
European Supervisory Authorities’ timeline is too ambitious
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EU knows Priips Kid is not fit for purpose
Key information document is not meeting its objectives
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Kids confusion could undermine industry, warns Efama
Fund selectors could be forced to disregard information in the Priip Kids when choosing funds
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IA takes aim at ‘profoundly flawed’ Priips
Some funds have disclosed negative or zero transaction costs under the new framework
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FCA uncovers significant errors behind Priips transaction costs
The Financial Conduct Authority (FCA) has found significant calculation errors in transaction costs for firms reporting under Priips and Mifid II.
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Priips creates unique problems for VCTs and EIS
Priips was intended to improve investors’ ability to compare investments, but tax-advantaged products highlight some of the confusion it has created in the process, according to MJ Hudson Allenbridge vice president Rotimi Ososami.