If you had savings in one or more savings/insurance products during the previous year, and/or if you traded in Fixed Income or FX derivatives, you will receive a report that summarises your costs and charges during the year.
- The report provides an overview of your total savings and the change in value during the reporting period (if you had such holdings).
- The length of the report will vary depending on which savings products you have.
- You are receiving the report as a consequence of the MiFID2 and IDD EU regulations, which are intended to strengthen consumer protection for those who invest in savings products, including endowment insurance.