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PIMFA calls for suspension of the PRIIPs regime in the interests of investor understanding

PIMFA calls for suspension of the PRIIPs regime in the interests of investor understanding

PIMFA, a trade association for wealth managers and financial advisers, believes that information being provided to investors in accordance with the PRIIPs KID regime is doing them more harm than good and that the ESAs’ hastily-drafted proposals for amending KID performance scenarios are unlikely to improve the situation.