What Is Product Disclosure Sheet

What Is Product Disclosure Sheet - A document that financial service providers must provide to you when they recommend or offer a financial product. Afs licensees, authorised representatives and product issuers). This is a guide for persons responsible for product disclosure statements (pdss) and other disclosure obligations (i.e. Or “pds” means the product disclosure sheet containing the relevant information and disclosure of the main terms of the relevant investment account product. It must include information about the product’s key features, fees, commissions, benefits, risks and the complaints handling procedure. Its purpose is to give you the key information you should know about the product, so you can decide if it is the right one for you. In australia, it's the law for a business recommending or offering a financial product to provide a pds for the product to potential clients. It uses clear language to explain the product and replaces older forms of financial product disclosure information such as investment statements and prospectuses. It gives policy guidance on preparing a pds that complies with the pds requirements in the corporations act. Web a product disclosure statement (pds) is a document that sets out important information about a financial product, like super.

It Must Include Information About The Product’s Key Features, Fees, Commissions, Benefits, Risks And The Complaints Handling Procedure.

Web a product disclosure statement (pds) is a document that sets out important information about a financial product, like super. Web a product disclosure statement (pds) provides you with essential information to help you decide whether to invest in a financial product. Web define product disclosure sheet. In australia, it's the law for a business recommending or offering a financial product to provide a pds for the product to potential clients.

It Gives Policy Guidance On Preparing A Pds That Complies With The Pds Requirements In The Corporations Act.

Its purpose is to give you the key information you should know about the product, so you can decide if it is the right one for you. This is a guide for persons responsible for product disclosure statements (pdss) and other disclosure obligations (i.e. Afs licensees, authorised representatives and product issuers). It uses clear language to explain the product and replaces older forms of financial product disclosure information such as investment statements and prospectuses.

A Document That Financial Service Providers Must Provide To You When They Recommend Or Offer A Financial Product.

Or “pds” means the product disclosure sheet containing the relevant information and disclosure of the main terms of the relevant investment account product.