More flexible disclosure rules due in 2025 to replace PRIIPs and UCITS

The FCA is creating a new investment disclosure system to cover 'Consumer Composite Investments' (CCI) - one which is designed to be "fit for many years to come" and to cover funds and other products held by over 12 million UK investors.

By Neasa MacErlean

Final rules will be published this year and will include an 18-month transition period in which firms can still use the existing regime.