Get the free Product Disclosure Statement - Firstmac

Product Disclosure Statement 29 November 2021Issued by Perpetual Trust Services Limited ACN 000 142 049 ADSL 236648 as Responsible Entity of First mac High Live ARSON 147 322 923Important Notices

How to fill out product disclosure statement

How to fill out product disclosure statement

1. To fill out a product disclosure statement, follow these steps:
2. Start by carefully reading the entire document to understand its contents.
3. Make sure you have all the necessary information and documents related to the product.
4. Begin filling out the statement by providing your personal details such as name, address, and contact information.
5. Follow the instructions given for each section and provide accurate information regarding the product's features, risks, and fees.
6. If there are any specific questions or prompts, answer them honestly and to the best of your knowledge.
7. Review the completed disclosure statement to ensure all required fields are filled and there are no errors.
8. Sign and date the document to indicate your acknowledgement and acceptance of the information provided.
9. Keep a copy of the filled-out product disclosure statement for your records.
10. Remember to seek professional advice or clarification if you have any doubts or uncertainties during the process.

Who needs product disclosure statement?

1. A product disclosure statement is needed by individuals or entities that are considering purchasing or investing in a particular product or service.
2. Financial institutions, insurance companies, investment firms, and other providers of products or services typically require a product disclosure statement to be provided to potential customers or clients.
3. It is beneficial for consumers who want to make informed decisions about their purchases or investments, as the statement provides important details about the product's features, risks, fees, and terms and conditions.
4. Regulatory authorities and industry regulators may also require companies to prepare and provide product disclosure statements to ensure transparency and consumer protection.

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What is product disclosure statement?

A Product Disclosure Statement (PDS) is a document that provides essential information about a financial product, including its features, benefits, and risks, to help customers make informed decisions.

Who is required to file product disclosure statement?

Companies and financial institutions that offer financial products to consumers, such as investment funds, insurance products, and superannuation funds, are required to file a Product Disclosure Statement.

How to fill out product disclosure statement?

To fill out a Product Disclosure Statement, an entity must gather relevant information about the financial product, including its terms and conditions, risks, fees, and performance history, and format this information in a clear and comprehensive way as per regulatory guidelines.

What is the purpose of product disclosure statement?

The purpose of a Product Disclosure Statement is to ensure that potential investors or consumers have access to all necessary information to make informed financial decisions regarding a product.

What information must be reported on product disclosure statement?

A Product Disclosure Statement must report information such as the product’s key features, fees and charges, risks involved, cooling-off period, and how the product operates.