Communicating Investment Risk- a report from the SAI Working Party
As the range of products and fund types increases at an exponential rate, consumers have struggled to keep up with the risks associated with the products being offered. The financial services industry has been also searching for effective ways to communicate investment risk. This has been driven by the need to ensure that the product is suitable for clients and also by the increasing force of regulation both at EU level and at local level. The Communicating Investment Risk Working Party (CIRWP) was set up to review current developments and suggest an appropriate methodology for the life industry. At this meeting the CIRWP will report its findings to date and hopes to generate significant debate.