Get the free Product Disclosure Statement

Este PDS proporciona un resumen de la información clave que necesitas para tomar una decisión sobre la inversión en Russell SuperSolution, cubriendo su funcionamiento, beneficios, riesgos, costos

How to fill out product disclosure statement

How to fill out Product Disclosure Statement

1. Read the introduction to understand the purpose of the Product Disclosure Statement (PDS).
2. Identify the product being disclosed to ensure you are reviewing the correct PDS.
3. Fill in your personal details where required, such as name and contact information.
4. Review the product features, benefits, and risks sections, taking note of important information.
5. Complete any required sections about your investment goals or preferences.
6. Sign and date the document if it is necessary to validate your acknowledgment.
7. Keep a copy for your records and review periodically.

Who needs Product Disclosure Statement?

1. Individuals considering an investment in a financial product.
2. Potential customers seeking to understand the features and risks of a product before making a decision.
3. Advisors and financial professionals who assist clients in making informed choices.
4. Any party required by law to provide or review the PDS before proceeding with a financial product.

People Also Ask about

When should you provide the PDS to the customer?

A product disclosure statement (PDS) is a document that must be provided when offering a financial product.

How often should PDS be reviewed?

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 do you write in a disclosure statement?

A disclosure statement is usually also part of a loan, stating details of the transaction such as the interest rate, fees, the amount borrowed, loan insurance, any prepayment rights, and the borrower's responsibilities.

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 PDS in insurance?

A Product Disclosure Statement (PDS) is an important legal document that contains all the information regarding your policy. Your PDS includes information regarding your policies key features, covers, exclusions, claims information and our complaints handling procedures.

When should you provide the PDS to the consumer Western Union?

All PD's must be signed by the immediate supervisor who certifies to the accuracy of the PD. PD's should be reviewed and updated annually.

When should you provide the PDS?

A product disclosure statement (PDS) is a document that must be provided when offering a financial product.

For pdfFiller’s FAQs

What is Product Disclosure Statement?

A Product Disclosure Statement (PDS) is a document that provides information about a financial product, including details about features, benefits, risks, costs, and the terms and conditions associated with it. It is designed to help consumers make informed decisions.

Who is required to file Product Disclosure Statement?

Entities that offer financial products, such as banks, insurance companies, and investment firms, are required to file a Product Disclosure Statement to comply with regulatory standards and ensure transparency for consumers.

How to fill out Product Disclosure Statement?

To fill out a Product Disclosure Statement, one must gather all relevant information about the product, including its key features, risks, and costs, and then follow the format required by regulatory authorities, ensuring that the information is clear, accurate, and comprehensive.

What is the purpose of Product Disclosure Statement?

The purpose of a Product Disclosure Statement is to provide consumers with essential information regarding a financial product, enabling them to understand the product's features and make an informed decision that reflects their financial needs and circumstances.

What information must be reported on Product Disclosure Statement?

A Product Disclosure Statement must report information such as the product's name, key features, costs and fees, potential risks, investment returns, rights and obligations, and any limitations associated with the product.