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FHSA example PDS from ASIC

Discussion in 'Investing Strategies' started by AsxBroker, 30th Jul, 2008.

  1. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    Location:
    Sydney, NSW
    Hi All,

    Further to the new First Home Saver Accounts are the ASIC example Product Disclosure Statements (Home Saver Accounts - Fact Sheet).

    In the ADI version, it looks like ASIC has forgotten things like properly filling in the Complaints section which refers to the Financial Ombudsman Service (FOS) which was previously known as FICS. Also the incorrect reference to the BFSO website, which obviously confuses things even further. In the "Trust" version the reference to BFSO does not exist.

    What do others think of this "example" PDS?

    Cheers,

    Dan