The Investment Property Disclosure Statement (IPDS) is a system developed by the Australian College of Financial Services to enable investment properties to be sold in a compliant manner, thereby removing much of the risk to both advisor and clients.
It establishes an entirely new standard for investment property advisors.
Modeled on ASIC Product Disclosure Statements (PDS)
• Presents a packaged compliant property for investment property advisors
• Risk disclosed
• Anticipated returns explained
Substantiated by research houses Nobody should invest in property without first seeing an Investment Property Disclosure Statement.
As a result of reading an Investment Property Disclosure statement, prospective investors will for the first time be able to explain the:
• Characteristics of an investment property
• Benefits of an investment property
• Fees payable in respect of an investment property
Risks associated with an investment property
Exclusive to Compliant Investment Properties, the Investment Property Disclosure Statement (IPDS) represents a breakthrough in the provision of professional and ethical advice. The Compliant Investment Properties IPDS is a document based upon ASIC’s recommendations for the content of a Product Disclosure Statement (PDS).
A PDS is a means by which the disclosure requirements of the Corporations Act 2001 can be put into effect. The Corporations Act requires that retail investment clients receive a Product Disclosure Statement before acquiring a financial product.
The Compliant Investment Properties IPDS is an application to investment property of the approach required by the Corporations Act to other forms of investment even though investment property falls beyond the strict definition of a financial product.
