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Version date: 30 June 2020 - onwards

4.4 Approach to present performance scenarios

As well as the feedback from the public consultation, the other significant element when finalising the proposals concerned the findings from the consumer testing study. As mentioned above in Section 3, the main findings from the consumer testing concerning the presentation of the performance scenarios are considered to be that:

- Participants of the consumer testing study generally made good investment decisions irrespective of the version of the performance scenario table presented to them. This is considered to indicate that it may not be necessary to substantially change the current presentation, provided that appropriate figures are shown;

- A revised version of the performance scenario table (referred to as the "probabilistic approach" in the consumer testing study) showed some improvements compared to the current table in terms of the understanding of relevant product features by participants. However, these improvements were not always material and the merits of the specific ch