PIMFA Response to FCA DP22/6: Future Disclosure Framework

PIMFA Consultation Response to FCA DP22/6: Future Disclosure Framework. PIMFA welcomes HM Treasury’s decision to repeal the PRIIPs Regulation and to review UK retail disclosure more broadly. However, given how frequently disclosure requirements have been amended through past regulatory initiatives and how costly and seemingly ineffective these incremental changes have been, we believe that the focus of this review must be on the broader purpose of disclosure and what it can realistically be expected to achieve