The European Fund and Asset Management Association (EFAMA) has called for 'urgent completion' of the European Supervisory Authority's (ESA) review into packaged retail investment and insurance products (PRIIPs) to ensure adequate protection for retail investors and support for wider economic recovery. In advance of the ESAs' final report on technical changes to the PRIIP Key Information Document (KID), EFAMA has warned that the current PRIIP KIDs remain fundamentally flawed and provide retail investors with misleading information. The industry body says it "strongly believes an urgent...
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