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Product Disclosure Statement Prepared and issued 24 June 2013 Contents 1. About IEC Super 2. How super works 3. Benefits of investing with IEC Super 4. Risks of super 5. How we invest your money 6.
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How to fill out product disclosure statement
How to fill out a product disclosure statement:
01
Start by carefully reading the product disclosure statement (PDS) provided by the company or organization offering the product. The PDS contains important information about the product, its features, risks, benefits, and terms and conditions.
02
Pay close attention to the sections that require your personal information. Fill in your name, contact details, date of birth, and any other relevant information accurately.
03
Understand the product details thoroughly. The PDS typically includes information on the product's purpose, investment strategy, fees and charges, risks involved, and any potential benefits or returns. Take the time to review and comprehend these details.
04
Assess whether the product suits your needs and financial goals. Consider factors such as your risk tolerance, investment timeframe, and financial situation. If you have any doubts or questions, seek professional advice from a financial advisor or consult the company offering the product.
05
If you decide to proceed with the product, complete any additional forms or documents that may be required. These could include application forms, identification verification documents, or other relevant paperwork. Ensure all required fields are filled out accurately and sign where necessary.
06
If applicable, consider any terms and conditions associated with the product, such as cooling-off periods or cancellation policies. Make sure you understand your rights and obligations as a consumer.
Who needs a product disclosure statement?
01
Individuals interested in purchasing or investing in a financial product, such as insurance, superannuation, managed funds, or retirement savings plans, may require a product disclosure statement.
02
Investors who want to make informed decisions based on comprehensive information before committing to a product can benefit from a product disclosure statement.
03
Consumers who value transparency and understanding the risks and potential outcomes of a financial product should always review the product disclosure statement.
It is important to note that the need for a product disclosure statement may vary depending on the jurisdiction and specific regulations governing financial products in each country. Always consult local laws and regulations to determine whether a product disclosure statement is required for a particular product or investment.
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What is product disclosure statement?
A product disclosure statement is a document that provides important information about a financial product to help potential investors make informed decisions.
Who is required to file product disclosure statement?
Financial institutions and companies offering financial products are required to file product disclosure statements.
How to fill out product disclosure statement?
To fill out a product disclosure statement, one must provide accurate and detailed information about the financial product being offered.
What is the purpose of product disclosure statement?
The purpose of a product disclosure statement is to disclose important information about the financial product to potential investors.
What information must be reported on product disclosure statement?
Information such as fees, risks, benefits, and terms and conditions of the financial product must be reported on a product disclosure statement.
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