FSA proposes investment "Quick Guide" for consumers

The regulator says firms would be required to give customers the two-page guide as part of point of sale information in order to enable them to make informed decisions about investing in products such as life policies, personal pension schemes and investment trust savings. The main proposals of the consultation are that firms must produce the guide as a stand alone document and put it at the top of their marketing packs. Firms will also have to ensure the guide is no longer than two pages, include the Key Facts logo and a regulatory message as well as following a question and answer forma...