Standardised Key Information Documents for Insurance-based Investment Products increase transparency and comparability of investment products across sectoral boundaries.
(World News Austria)

The Austrian Financial Market Authority (FMA) reminds consumers and investors that insurance undertakings as the manufacturer of an insurance-based investment product (e.g. classical life insurance, fund-based and index-based life insurance) have been required under law[1] to make a product-specific standardised key information document (a KID) available on their website, and to do so prior to this insurance product being...