Implementation now 1 January 2018
Revised RTS due for H1 2017
Despite protests from industry
Next key debate postponed until 9 November
Previously 22 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
Providers could require more time
Concerns over presentation of costs and charges