Example Product Disclosure Statement (PDS)
The Government has developed example PDSs for different types of First Home Saver Accounts.
The Government's aim is to make it much easier for people who are interested in using First Home Saver Accounts to understand and compare the products on offer. Key product information is provided over the equivalent of four A4 pages in concise, plain English and can be read and understood in just a few minutes.
The examples of a PDS below have been designed and consumer tested in consultation with the Government’s Financial Services Working Group and its Advisory Panel, consisting of industry and consumer representatives.
| Example PDS for an ADI FHSA | 170KB |
| Example PDS for a Trust FHSA | 211KB |
Please note that these are examples only and in some respects they may vary from actual Product Disclosure Statements.
Further information, including the detailed legal requirements for First Home Saver Accounts, are set out in regulations made under the Corporations Act. The regulations and accompanying explanatory statement can be found at www.frli.gov.au.