Get the free product disclosure statement - APN Property Group

APN Funds Management Limited ABN 60 080 674 479 ADSL No. 237500 ISSUE DATE: 1 JANUARY 2015 ARSON 162 658 200 P R O D U C T D I S C L O S U R E S TAT E M E N T Contents 1. About APN Funds Management

How to fill out product disclosure statement

How to Fill Out Product Disclosure Statement:

1. Read the instructions: Begin by thoroughly reading the instructions provided with the product disclosure statement. This will give you an understanding of what information is required and how to properly fill out the form.
2. Gather necessary information: Before starting to fill out the product disclosure statement, gather all the relevant information and documents. This may include details about the product or service being disclosed, financial information, legal agreements, and any other supporting documentation.
3. Understand the sections: Familiarize yourself with the different sections of the product disclosure statement. Typically, these sections will cover areas such as the purpose of the statement, the terms and conditions, risks involved, fees and charges, and contact information.
4. Provide accurate information: Ensure that you provide accurate and up-to-date information in each section of the product disclosure statement. Take the time to double-check your entries to avoid any errors or omissions that might mislead or confuse the reader.
5. Seek professional advice, if necessary: If you are unsure about certain sections or aspects of the product disclosure statement, consider seeking advice from a professional, such as a lawyer or financial advisor. They can help clarify any uncertainties and ensure that you complete the statement correctly.

Who Needs Product Disclosure Statement:

1. Consumers: Consumers who are considering purchasing a financial product or service, such as insurance, investments, or loans, are typically the primary audience for product disclosure statements. These statements provide important information to help consumers make informed decisions and understand the risks and terms associated with the product.
2. Providers: Product providers, such as financial institutions or insurance companies, also need to have a product disclosure statement for any new products or services they offer. This is a regulatory requirement aimed at promoting transparency and accountability within the financial industry.
3. Regulators and Authorities: Regulatory bodies and authorities, responsible for overseeing the financial sector, may require product disclosure statements as part of their compliance frameworks. These statements help ensure that products and services are offered in a fair and transparent manner, providing consumers with adequate information to make informed choices.

Overall, filling out a product disclosure statement requires attention to detail and providing accurate information. It is essential for both consumers and providers to have an understanding of its purpose and significance within the financial industry.

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What is product disclosure statement?

A product disclosure statement is a document that provides detailed information about a financial product to enable consumers to make informed decisions.

Who is required to file product disclosure statement?

Financial institutions and other entities offering financial products are typically 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 ensure that consumers have access to relevant information about a financial product before making a decision to purchase.

What information must be reported on product disclosure statement?

Information such as fees, risks, performance, and terms and conditions of the financial product must be reported on a product disclosure statement.