The inclusion of information on past performance in the KID was discussed in the November 2018 CP, and in the February 2019 Final Report the ESAs stated:
the ESAs intend to consider further in the context of their upcoming work (see also Section 5) if and how information on past performance could be included in the PRIIPs KID and for exactly which types of PRIIPs. This work would be with a view to the amendments needed in relation to the potential inclusion of UCITS within the scope of PRIIPs at a later stage. The ESAs will also consider if there are synergies in relation to the ongoing work to report on the costs and past performance of retail investment products. In relation to insurance-based investment products, for example, where respondents to the CP highlighted challenges to present information on past performance, or to do so using the approach in the KIID, EIOPA recently stated that it will work further during 2019 “on developing its methodology and approach” to identify a
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