What Is Product Disclosure Statement

In addition to PDS and FSGs, this website also contains other information materials such as brochures, Product Information Statements (SIPs), annual reports and product offerings. ASIC has published certain principles of good disclosure to assist product issuers and other professionals in preparing a Product Disclosure Declaration (PDS). They will also be useful for creating other information materials for retail investors. If you have not found what you are looking for, please contact A Credit Guide (CG) for important information about a licensee`s obligations with respect to consumer credit products regulated by the National Credit Code. As of March 1, 2011, Westpac holds an Australian Credit License (ACL) No. 233714. Under the Corporations Act, a retail client may receive a number of disclosure documents before purchasing a financial product. Please note that some PDS are not yet available and some financial products, such as banking products and margin loans, do not need to have a PDS. If a financial product is recommended to you, you will receive a Product Disclosure Statement (PDS) or other disclosure document issued by the supplier of the product. A Product Disclosure Statement (PDS) is an important legal document that contains information about a financial product.

Everything you need to know about our products can be found in our PDS library. This page provides you with electronic access to the PDS for financial products and services identified on this website issued by Westpac Banking Corporation, issuers of products within the Westpac group of companies and issuers of unaffiliated third-party products, as well as electronic access to MSPs for such companies. The Corporations Act facilitates the use of shorter and simpler PDSs by allowing abbreviated PDS and inclusion by reference, and applies a customized disclosure system to certain products. ASIC has procedures for monitoring and assessing PDSs after they are issued. RG 221 Facilitating Disclosure of Financial Services Online RG 168 Disclosure: Product Disclosure Statements (and Other Disclosure Requirements) A Product Disclosure Statement (SDS) is a document or sometimes a group of documents that contain information about a financial product, including material benefits and risks, the cost of the financial product, and the fees and costs that the issuer of the financial product may receive. Additional PDS may be issued from time to time and should be read in conjunction with the PDS to which they relate. Masterpiece Signature Product Disclosure Statement (PDS) and Policy Formulation, Australia. For approvals identified as Type A and Type B under 4.1.1, select one of the following options to verify the approval.

Search the website of the competent supervisory authority, e.B. “Search for supervisory funds” (register of shares to be carried out on behalf of the investor); By providing a copy of an offer document of the managed investment system, e.B a copy of a product disclosure; or provide a relevant copy or extract of the legislation establishing the State Pension Fund, which comes from a government website. A Guide to Financial Services (FSG) describes the financial services offered by a financial services licensee and important information about them. Westpac Banking Corporation holds an Australian Financial Services Licence (AFSL). AFSL No. 233714. FSG for BT Super for Life Trusteeanking Practice.pdf Westpac Securities Limited and Australian Investment Exchange Ltd The terms and conditions of the FSGs defined in the product disclosure statement have the same meaning in this application form. POLICY means this Product Disclosure Statement (PDS), policy wording, current policy plan and any other document that we issue to the insured person that we know is part of the policy. Do you have a question? Enter a keyword for searchTip: Use keywords instead of phrases, e.B.

Cashback, SWIFT, Visa Debit The Banking Code of Practice The Banking Code of Practice sets the standards of practice and service in the Australian banking sector. The Code applies to private and small entrepreneurs and their individual guarantors. More information on the Code is available here. . . .