AIC’s Sayers on the Trouble with KIDs Today

Ian Sayers, Association of Investment Companies

Key Information Documents (KIDs) have been around for about five years, and the general consensus is that the concept is sound: a brief document that provides customers with standardized information about each investment product, fund and investment-linked insurance policy—such as a description, risks and costs—with the aim of enabling retail customers to easily compare the potential risks and rewards is a solid idea. KIDs became mandatory for Packaged Retail and Insurance-based Investment

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