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EIOPA's approval of flawed PRIIPs changes seriously bad news for consumers buying insurance-based productsTo be clear: the ESAs’ proposed changes to the PRIIPs KID will not work or deliver any benefits for consumers buying insurance-based products. The proposals will in fact make the PRIIPs KID much more complex, confuse consumers and further undermine their understanding of insurance-based investment products, as well as their trust in the information they receive.
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