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FIRSTCHOICE WHOLESALE PERSONAL SUPER AND PENSIONProduct Disclosure Statement This is a combined Financial Services Guide and Product Disclosure Statement Issue No 2018/1, dated 14 May 2018 Colonial
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How to fill out product disclosure statement pds
How to fill out product disclosure statement pds
01
To fill out a product disclosure statement (PDS), follow these steps:
02
Obtain a copy of the PDS for the specific product you are interested in.
03
Read through the PDS carefully, paying attention to important details such as product features, benefits, risks, terms and conditions.
04
Gather all the necessary information about your personal circumstances, financial situation, and objectives.
05
Complete the sections of the PDS that require your personal details, such as name, address, and contact information.
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Answer any questions or provide any additional information required in the PDS, such as your investment preferences or previous experience.
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Submit the filled-out PDS to the relevant party or organization as instructed in the document.
Who needs product disclosure statement pds?
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Product disclosure statements (PDS) are typically required by financial institutions, insurance companies, and investment providers.
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Individuals who are considering purchasing or investing in a financial or insurance product are the primary audience for PDS.
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This includes individuals looking to invest in stocks, bonds, mutual funds, insurance policies, superannuation funds, and other financial products.
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Potential customers or investors need the PDS to make informed decisions about the product and understand the associated risks and terms.
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Regulatory authorities and governing bodies also require financial institutions and providers to issue a PDS to ensure transparency and protect consumers.
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What is product disclosure statement pds?
A Product Disclosure Statement (PDS) 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 pds?
Issuers of financial products, such as banks and insurance companies, are required to file a Product Disclosure Statement.
How to fill out product disclosure statement pds?
To fill out a PDS, include clear and concise information about the product features, fees, risks, benefits, and terms, ensuring compliance with relevant regulations.
What is the purpose of product disclosure statement pds?
The purpose of a PDS is to provide transparent information to consumers about financial products, enabling them to make informed choices.
What information must be reported on product disclosure statement pds?
A PDS must report information such as product description, fees and charges, risks, cooling-off period, and how to complain.
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