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Product Disclosure Statement Nationwide Super 1 October 2020Contents1. About Nationwide Super1. About Nationwide Super...............................................14. Risks of Superannuation...............................................2Nationwide
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How to fill out product disclosure statement
How to fill out product disclosure statement
01
To fill out a product disclosure statement (PDS), follow these steps:
02
Read the PDS thoroughly to understand the purpose and requirements.
03
Gather all the necessary information about the product or service being disclosed.
04
Start with the general information section and provide accurate details about the product.
05
Move on to the key features section and outline the main attributes of the product.
06
Provide any additional information, such as benefits or risks associated with the product.
07
Include all the required financial information, including costs, fees, and any potential returns.
08
Make sure to disclose any conflicts of interest or relevant legal regulations.
09
Review the completed PDS for accuracy and completeness.
10
Submit the filled-out PDS to the relevant authorities or distribute it to the intended audience.
11
Keep a copy of the PDS for future reference or updates.
Who needs product disclosure statement?
01
A product disclosure statement is typically required by financial service providers, issuers, or sellers of financial products.
02
This includes entities offering investment opportunities, insurance policies, superannuation funds, or other complex financial products.
03
The intended audience for a PDS is potential investors or customers who are considering purchasing or investing in the disclosed product.
04
Regulatory bodies often mandate the use of a PDS to ensure transparency, informed decision-making, and protection for consumers.
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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 help consumers make informed decisions.
Who is required to file product disclosure statement?
Financial institutions, companies, or individuals offering financial products are required to file a product disclosure statement.
How to fill out product disclosure statement?
To fill out a product disclosure statement, the issuer needs to provide accurate and comprehensive 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 transparency and provide consumers with important details about the financial product they are considering.
What information must be reported on product disclosure statement?
The product disclosure statement must include details about the features, risks, fees, and terms and conditions of the financial product.
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