A key element of ShareSoc’s activities is lobbying Government/regulators and campaigning for change, to improve the lot of individual investors. One way we do this is by responding to Government consultations.
We recently responded to the Treasury consultation on PRIIPS and UK Retail Disclosure which closed on 3rd March 2023.
We made the following key points:
We are pleased that the Government is doing this consultation. We agree with the logic set out in the Minister’s foreword and in particular with the statement ...
The views expressed in this article are those of its author and not necessarily those of ShareSoc.
HM Treasury have announced plans to revoke the PRIIPs regulations which will likely mean the death of KIDs (Key Information Documents).
KIDs are imposed and regulated under the PRIIPs regulation as devised by the EU for packaged investment products, such as funds and trusts. KIDs give basic financial information, risk indicators and likely future performance based on past performance. Those who purchase investment trusts, for example, ...