This document is a Supplementary Product Disclosure Statement (SPDS) 2025

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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 products key features, fees, commissions, benefits, risks and the complaints handling procedure.
A product disclosure statement (PDS) is a document that must be provided when offering a financial product.
PDSs are highly regulated and must comply with specific requirements of the Corporations Act and ASIC policy. IMs are not regulated and there are no specific requirements under the fundraising provisions of the Corporations Act.
A product disclosure statement (PDS) is a document that must be provided when offering a financial product. The Corporations Act 2001 (Cth) defines financial products. It includes things like shares, credit cards, loans or bonds.
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.
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A document that financial service providers must provide to you when they recommend or offer a financial product. It must include information about the products key features, fees, commissions, benefits, risks and the complaints handling procedure.
A Supplementary Product Disclosure Statement is a document by which a person who has prepared a Product Disclosure Statement (the PDS ) can: (a) correct a misleading or deceptive statement in the PDS; or. (b) correct an omission from the PDS of information it is required to contain; or.

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