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Written by

Khadija Lateef

Product Marketing Manager, FE fundinfo

Published on

UK CCI explained: what it replaces, what's new and what stays the same

The UK Consumer Composite Investments (CCI) framework is replacing the UK's PRIIPs regime and UCITS KIID. For asset managers, the practical question are around what changes in the document itself, and what stays the same.

What is UK CCI? 

UK CCI is the FCA's replacement disclosure framework for packaged retail investment products sold in the UK. The transition period has already start on 6 April 2026 and the regime becomes fully mandatory on 8 June 2027, replacing both the UK PRIIPs regulation and UCITS disclosure rules with product summary. 

What changes from PRIIPs? 

Risk and return score: UK CCI introduces a new 1 to 10 scale, calculated over a ten-year period rather than the PRIIPs summary risk indicator's five-year basis. 

Cost presentation: ongoing costs must be shown as a single aggregated headline figure, with transaction and one-off costs disclosed separately rather than folded into that figure as under PRIIPs. 

Past performance: UK CCI allows past performance to be shown in the product summary, which PRIIPs had largely restricted. 

What changes from the UCITS KIID? 

Where a fund currently produces a UCITS KIID or PRIIPs KID UK, UK CCI replaces that document those documents, bringing all funds / wrappers onto the same disclosure format as other packaged products for the first time. This removes the need to maintain two different UK disclosure formats long term,  

What stays the same? 

The underlying goal, giving retail investors clear, comparable information before they invest, is unchanged. Firms still need accurate, auditable calculations behind every figure in the document, and still need a clear review trail showing how each figure was checked before publication. 

To learn more about UK CCI, book a meeting to speak with our expert today. 

UK CCI transition: how your compliance and product teams should prepare now
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