Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-15-Speech-2-439-000"

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"en.20140415.65.2-439-000"2
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"I voted in favour of this proposal, also known as PRIPS, that aims to make rules on information to be provided to small investors when making investment decisions. A Key Information Document (KID) in standardised format would be produced to enable investors to compare products and to set out costs, risks, and other pertinent information. The proposal, which has been agreed in trialogue, originally had a wide scope which greatly concerned many investors and financial services providers; in particular the inclusion of many pension products was criticised as burdensome and even counter-productive. However, the final agreement, while not perfect, has greatly reduced the scope of the proposal, to the satisfaction of the UK."@en1
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