The Association of Investment Companies has welcomed a decision by the FCA to delay proposed changes to Key Information Documents (KIDs).

The Association of Investment Companies has criticised proposed FCA reform to Key Information Documents (KIDs) as “tinkering around the edges” and wants KIDs suspended prior to major reform.

New research suggests that 20% of parents – 6.9m mums and dads – have transferred assets to their children early to mitigate inheritance tax.

The Association of Investment Companies has called for Key Information Documents (KIDs) to be suspended because it believes they are “systematically flawed.”