Past performance data can only be used in advertising providing the firm displays "standardised info...
Past performance data can only be used in advertising providing the firm displays "standardised information" to balance the bias towards using impressive performance figures and is not too prominent over other info, says the latest consultation paper from the FSA. New measures to tackle the use of past performance have just been unveiled this morning which, among other things, require firms to display data in tables showing returns for up to five rolling 12-month periods, says early information about CP183, to present a medium-term performance of unit linked policies and funds, rather ...
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