The UK's Association of Unit Trusts and Investment Funds (AUTIF), has requested that the Financial Services Authority re-evaluate its decision to exclude past performance figures from its comparative tables on investment.

AUTIF has commissioned Charles River Associates, the economic consultancy firm, to examine the issue of past fund performance and all the academic literature on the subject. It concluded that withholding figures on performance is detrimental to consumers, who can make profitable use of the information.