The Association of Investment Companies has called for the suspension of the Key Information Documents (KIDs), while urging the Treasury Select Committee to launch an enquiry amid the failure of policymakers and regulators to protect consumers with regard to the highly-criticised documents.
The trade body has been vocal in the past in its criticism of the Key Information Documents (KIDs), arguing they are "systematically flawed" and could mislead investors due to their reliance on past performance...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November