Fund managers and insurers unite to combat Priips confusion

Insurers and fund managers brought together to tackle loophole in structured products reforms

Fund managers, insurers and trade associations contributing to working group

Europe's largest insurers and fund managers are coming together in a bid to tackle burdensome new disclosure requirements for so-called multi-option products (Mops) required under incoming European Union reforms of the retail investment products market.

Mops are structured products that offer customers a range of investment options to choose from and include many fund-linked life insurance policies used heavily throughout Europe. A clause in the Packaged Retail and Insurance-based Investments

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