PRIIPs

The Death of KIDs

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, ...