The Financial Conduct Authority (FCA) is consulting on changes which could result in the removal of “misleading” performance scenarios, brought in under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation.
The FCA said it believed the changes will provide “more clarity to consumers about what the products are, the risk presented and information to help understand likely future performance”.
The PRIIPs regulation was developed with the aim of bo...
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