A PDS is an offer document which sets out information including the features of the product, fees that apply, the benefits and risks of investing in the product, commissions that may affect returns, information about complaints handling and cooling off rights, and other information that might reasonably be expected to have a material influence on an investor's decision to invest.
A PDS is a document (or group of documents) which describes a financial product or service, including the features, benefits, cost and risks associated with that product. The purpose of the PDS is to ensure you are well informed about the product.
An offer document for a financial product. Broadly speaking, it contains information that a person would reasonably require for the purpose of making a decision whether to acquire a financial product. This includes information about the product features, fees that apply, any adviser commission, benefits and risks of investing and what to do if you have a complaint.
The Product Disclosure Statement (PDS) includes information about what this Policy covers, taking out insurance, how we calculate your premium, and how to make a claim. If we make changes to the PDS, we may provide you with a new PDS or a supplementary PDS.
an offer document that sets out information on a product, including its features, fees, the benefits and risks of investing and other information.
A document that your financial services provider must give you when they recommend or offer to sell you a financial product. It may be provided in a short-form version and must include information about the product's key features, costs, risks and benefits, and the complaints-handling procedures which apply.
abbrev. PDS. A document required under FSRA that is given to a retail client to describe the key features of a financial product being issued or sold. For superannuation funds, the PDS requirements are prescribed in the Corporations Act regulations, in particular, Schedule 10B. The PDS replaced the KFS and member booklets as the main up-front disclosure document for superannuation funds.
Product Disclosure Statements for Prime Super provide important information about the main features, costs, benefits and risks of investing your super. To view a PDS, go to the Forms & Publications page.
A document required by law that provides specific details about the financial product being offered.