KID

'Concerned' about the new regulation

Original proposals would lead to over optimistic outcomes

1 January 2018 implementation date

Next key debate postponed until 9 November

Tim Mortimer, managing director at Future Value Consultants, explains how the requirement for asset managers to display future performance simulations on their fund literature under PRIIPs regulations has created problems.

Allow time for clarifications

Three options

Providers could require more time

Successful motion passed in EU last week

There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers....