FSA to delay new disclosure proposals

The FSA had planned to issue a Consultation Paper this month, building on the responses it received to Consultation Papers published in February 2003 and July 2005, setting out proposals for a full package of new disclosure material. The proposals were to include: Replacing the current Key Features Document (KFD) with a two-sided Key Facts branded “Quick Guide” setting out key product information; and Replacing the current Key Features Illustrations (KFI) with separate projections and charges sheets. The current three-rate projection model would be replaced with a single-rate mod...