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Rest Corporate Product Disclosure Statement Form
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People also ask
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What is the requirement to give PDS?
The Product Disclosure Statement must be given to the person before the person becomes bound by a legal obligation to acquire the financial product pursuant to the offer and must be given in ance with this Division. -
When should a PDS be given?
The PDS must be given at or before the time when the regulated person makes the offer, or issues the financial product, to the person and must be given in ance with this Division. -
What is an example of a product disclosure statement?
For example, a PDS for a car insurance policy could explain how the value of your car would be assessed if you had an accident where it could not be repaired, or a home insurance PDS could explain how leaving your door unlocked could affect your chances of being covered if there was a robbery. -
What is a PDS in use notice?
PDS in–use notice. Purpose. Lodge this form online to notify ASIC that a Product Disclosure Statement (PDS) has been given to someone in a recommendation, issue or sale situation for the first time. -
When should you provide the PDS to the customer?
A document that financial service providers must provide to you when they recommend or offer a financial product. -
What is a PDS requirement ASIC?
A PDS is prepared by or on behalf of the issuer or seller of the financial product and must contain sufficient information so that a retail client may make an informed decision about whether to purchase a financial product: RG 168.38–RG 168.56. -
What is a PDS document?
Page reading time: 1 minute. A document that financial service providers must provide to you when they recommend or offer a financial product. It must include information about the product's key features, fees, commissions, benefits, risks and the complaints handling procedure. -
What is an insurance product disclosure statement?
A PDS (Product Disclosure Statement) is a document that includes comprehensive information on an insurance policy. If you're considering taking out a policy, or you're an existing customer and want to get more information, it's important that you read the information provided in your relevant PDS.
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