Get the free Supplementary Product Disclosure Statement - macquarie com

This document serves as a Supplementary Product Disclosure Statement (SPDS) for Macquarie Instalments, detailing terms for investing in various types of instalments, including associated fees, risks,

How to fill out supplementary product disclosure statement

How to fill out Supplementary Product Disclosure Statement

1. Gather all necessary documents related to the product.
2. Read through the main Product Disclosure Statement to understand the core information.
3. Identify the additional information that needs to be included in the Supplementary Product Disclosure Statement.
4. Clearly outline any changes, updates, or additional disclosures that are necessary.
5. Use simple and clear language to ensure the information is easily understood.
6. Format the document consistently with headers, bullet points, and numbered lists where applicable.
7. Review the Supplementary Product Disclosure Statement for accuracy and completeness.
8. Submit the completed document to the relevant authorities or distribute to the intended audience.

Who needs Supplementary Product Disclosure Statement?

1. Individuals or entities who are interested in purchasing a financial product.
2. Investors who require additional information beyond the main Product Disclosure Statement.
3. Financial advisors who need to provide clients with complete disclosure on investment products.
4. Regulatory bodies that require full transparency of financial product offerings.

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.

For pdfFiller’s FAQs

What is Supplementary Product Disclosure Statement?

A Supplementary Product Disclosure Statement (SPDS) is a document that provides additional information to consumers about a financial product, supplementing the original Product Disclosure Statement (PDS). It is intended to clarify certain aspects or changes regarding the product.

Who is required to file Supplementary Product Disclosure Statement?

Issuers of financial products are required to file a Supplementary Product Disclosure Statement when they need to update or clarify information in their existing Product Disclosure Statement or when there are significant changes in the product details.

How to fill out Supplementary Product Disclosure Statement?

To fill out a Supplementary Product Disclosure Statement, one must include relevant updates or clarifications pertaining to the original PDS, ensuring that the content is accurate, clear, and reflects the current status or any changes in the product.

What is the purpose of Supplementary Product Disclosure Statement?

The purpose of a Supplementary Product Disclosure Statement is to provide investors with updated and essential information that may affect their investment decisions, ensuring transparency and informed decision-making.

What information must be reported on Supplementary Product Disclosure Statement?

The SPDS must report any significant changes or new information regarding the financial product, such as alterations in terms, risks, fees, or any other material information that would impact a consumer’s understanding of the product.