UK CCI FAQ: Answers to the questions Asset Managers Are Asking

The UK CCI framework replaces PRIIPs and UCITS by 8 June 2027 in the UK. Here are the most frequently asked questions by asset managers — and the answers.

Asset managers frequently have the same questions about the UK CCI framework. Based on conversations with clients and prospects, we’ve compiled the key answers, along with regulatory insights from the final FCA rules, to help you navigate the changes confidently.

Consumer Testing and Template Document

Do we need to test each fund separately?

Automating the data collection and validation as well as the document production and quality monitoring ensures the consistency of content across the production scope. This removes the need to review everything single fund document.

For the narrative content specifically, many firms used consumer panels or the Plain English Campaign for Consumer Duty. Similar approaches should work here.

Will FE fundinfo consumer-test its standard template?

The template is designed with Consumer Duty in mind: clear layout, accessible graphics, logical hierarchy. But compliance sign-off and text sit with each manufacturer. Consumer testing the content is the firm’s responsibility.

FE fundinfo will work with clients to ensure the template structure supports investor understanding.

When will the sample template be available?

The sample template is available, and we welcome the opportunity to discuss it with you.

Product Scope under UK CCI

Will the product summaries replace Factsheets?

No. The Product Summary must be distinctly separate from marketing material. Merging the two creates problems: factsheets update monthly and are not a regulatory document. They serve different purposes

Can ESG disclosures be included?

Yes. The framework allows additional information manufacturers consider relevant. SDR labels, sustainability extracts, and ESG disclosures can all be included. The Product Summary supports an extendable format — include what matters most to your investors, but don’t duplicate standalone reports.

UK CCI timelines and adoption

Can we start producing Product Summaries from April?

Yes. The rules take effect 6 April 2026. Firms that are ready can begin immediately, giving a 14-month window before the mandatory deadline.

What’s happening with the UCITS KIID exemption?

The Statutory Instrument bringing CCI into law also repeals UCITS KIID and PRIIPs legislation. Transitional provisions allow firms to continue using existing documents until June 2027.

However, many firms may choose to transition UCITS by January 2027 to align with their usual 12-month production cycle.

Is there a set production window?

No. Unlike UCITS, other than the requirement to update every 12 months, CCI doesn’t prescribe a specific production window.

Migrating from existing KIID / KID workflows

Does FE fundinfo’s current workflow extend to UK CCI?

Yes. CCI is integrated into Nexus as a new document type within the same workflow. Same interface, same data management and same distribution network. The transition is designed to minimise disruption.

What service models are available?

Two core options: a standard self-service model and a fully managed service. Firms also have an option to take a hybrid approach depending on internal capacity and fund range complexity.

If you have any questions about your UK CCI implementation, our regulatory specialist can guide you through the requirements. Contact our expert today.

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