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This document is a Supplementary Product Disclosure Statement that supplements the Product Disclosure Statement for Macquarie Income Instalments, outlining the details, risks, and terms of investment.
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How to fill out supplementary product disclosure statement
How to fill out Supplementary Product Disclosure Statement
01
Read the main Product Disclosure Statement (PDS) thoroughly.
02
Locate the Supplementary Product Disclosure Statement (SPDS) related to the PDS.
03
Identify the sections in the SPDS that provide key updates or changes to the information in the PDS.
04
Complete any required forms or sections as indicated in the SPDS.
05
Ensure all personal and financial information is accurately filled in.
06
Review the SPDS for any additional disclosures or risks that need to be acknowledged.
07
Sign and date the SPDS if required, and keep a copy for your records.
Who needs Supplementary Product Disclosure Statement?
01
Individuals considering a financial product that has undergone changes since the original PDS was released.
02
Existing clients who require updated information about their financial products.
03
Investors interested in understanding new risks or benefits associated with a product.
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People Also Ask about
What is a defective PDS?
"defective" , in relation to a disclosure document or statement, means: (a) there is a misleading or deceptive statement in the disclosure document or statement; or.
Which products require a PDS?
A product disclosure statement (PDS) is a document that must be provided when offering a financial product. The Corporations Act 2001 (Cth) defines financial products. It includes things like shares, credit cards, loans or bonds.
What is the difference between prospectus and product disclosure statement?
A PDS differs from other disclosure documents. For example, a PDS and prospectus do not differ greatly in terms of content. However, a PDS is client focused whereas a prospectus considers the needs of investors and their advisors.
What is an example of a product disclosure statement?
For example, a PDS for a car insurance policy could explain how the value of your car would be assessed if you had an accident where it could not be repaired, or a home insurance PDS could explain how leaving your door unlocked could affect your chances of being covered if there was a robbery.
What needs to be included in a PDS?
All PDS documents include information about the issuer, benefits, risks, costs, return, dispute resolution and cooling off period for the financial product. The requirement to provide a PDS is contained in Part 7.9 of the Corporations Act 2001 (Cth) (CA 2001).
What is an example of a product disclosure statement?
For example, a PDS for a car insurance policy could explain how the value of your car would be assessed if you had an accident where it could not be repaired, or a home insurance PDS could explain how leaving your door unlocked could affect your chances of being covered if there was a robbery.
What is a supplementary product disclosure statement?
A Supplementary Product Disclosure Statement is a document by which a person who has prepared a Product Disclosure Statement (the PDS ) can: (a) correct a misleading or deceptive statement in the PDS; or. (b) correct an omission from the PDS of information it is required to contain; or.
What is the purpose of a PDS?
A document that financial service providers must provide to you when they recommend or offer a financial product. It must include information about the product's key features, fees, commissions, benefits, risks and the complaints handling procedure.
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What is Supplementary Product Disclosure Statement?
A Supplementary Product Disclosure Statement (SPDS) is a document that provides additional information about a financial product that supplements the main Product Disclosure Statement (PDS). It is designed to ensure that consumers have access to up-to-date and relevant information.
Who is required to file Supplementary Product Disclosure Statement?
Issuers of financial products, such as investment funds or insurance policies, are required to file a Supplementary Product Disclosure Statement when there are significant changes to the information provided in the original Product Disclosure Statement.
How to fill out Supplementary Product Disclosure Statement?
To fill out a Supplementary Product Disclosure Statement, the issuer must provide specific details about the changes or updates to the financial product. This includes inputting accurate, clear, and concise information that addresses the amendments and ensuring compliance with regulatory requirements.
What is the purpose of Supplementary Product Disclosure Statement?
The purpose of a Supplementary Product Disclosure Statement is to inform consumers of any significant changes or updates to a financial product that may impact their investment decisions, thus ensuring transparency and protecting consumer rights.
What information must be reported on Supplementary Product Disclosure Statement?
The SPDS must report information related to changes in fees, benefits, risks, or any other material changes to the terms and conditions of the financial product that are not contained in the original PDS.
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