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From 1 January 2018, Key Information Documents (KIDs) will be required for all Packaged Retail and Insurance-based Investment Products (PRIIPs). Companies preparing to implement the PRIIPs requirements face significant challenges, including:

  • Interpreting the PRIIPs rules
  • Gathering the data needed to prepare KIDs
  • Building and validating calculation engines to produce KIDs
  • Improving document management systems
  • Meeting the requirements by 1 January 2018
  • Developing governance structures for ongoing monitoring

Milliman can help your business successfully manage the PRIIPs implementation process. We offer both a full-service implementation and a modularised approach that allows you to pick and choose the services you require. We also offer tailored PRIIPs education sessions for staff.