Regulatory Frequently AskedQuestions86

Not necessarily. Costs are ex-ante estimations based on the last available annual accounts (ongoing charges), three-year averages (transaction costs) or 5-year averages (performance scenarios). Actual costs can differ due to higher/lower transaction fees, different performance fees, or early redemption compared to the Recommended Holding Period. The costs displayed in the KID disclosed are always based on backward looking models.FITZ Partners, a member of the RiskConcile group, offers clients detailed actual cost data. For further information, please refer to www.fitzpartners.com.

Yes. Our managed service covers data collection, calculation, production and dissemination end to end.

FinDatEx will release new EPT and EMT versions to cover CCI, targeted for early 2027. RiskConcile updates your templates as soon as they are published.

Alongside the consumer document, you must provide the CCI product summary data in a machine-readable format for distributors. We deliver this file with every Product Summary.

No. The FCA CCI regime does not prescribe a fixed format. Certain content is mandatory, but firms choose how to present it. We help you decide what to communicate.

You can reuse most of the underlying data, but not the document itself. The format is different and some values differ, such as CCI transaction costs.

In the UK, yes. The CCI Product Summary replaces both the PRIIPs KID and the UCITS KIID, so every UK-distributed fund needs a move from PRIIPs or UCITS KIID to CCI. In the EU, your PRIIPs KID stays in place.

The CCI regime has been in force since 6 April 2026, with an optional transition period. From 8 June 2027 it is fully mandatory.

The CCI Product Summary, or Product Summary Document (PSD), is the mandatory disclosure under the FCA's Consumer Composite Investments regime. It gives UK retail investors the key facts on a product, including its risk and return score and costs.

The KID ensures transparency and comparability. It allows investors to: understand product risk, compare costs across providers, and review possible performance outcomes.

Scenario outcomes depend on the selected historical data window and holding period. Benchmarks may differ, costs may vary, and the underlying historical data itself can also differ. Periods of strong bull markets or market stress can significantly impact the results.

Since 1 January 2023, only UCITS distributed in the UK are required to produce a UCITS KIID. UCITS marketed in the EU must produce a PRIIPs KID, and the UCITS KIID will be replaced by the CCI Product Summary.