More trade bodies criticise KIDs as Allianz Tech reveals they’re forced to lie


Originally published at:

Trade bodies PIMFA & the IA back up the AIC campaign as it calls for urgent action on legislation that is seriously misleading investors. The PIMFA, the trade body for Wealth managers, and the IA (Investment Association), which is the AIC equivalent for open-ended funds (OEICs and unit trusts) have called for action from the…


It seems that the European Securities and Markets Authority need educating, about so many things investment related. I do find it quite amazing that a past 5-year set of figures is used to predict the future, despite the warning from the FCA. It really is hilarious, if I wasn’t crying. :joy::sleepy: