A Financial Services Guide (FSG) is a document that must be provided by financial services providers in Australia to retail clients. It contains information about the financial services offered by the provider, including the fees and charges, the risks involved, and the provider's complaints handling procedures.
The FSG is an important tool for property research because it can help you to understand the financial implications of buying or selling property. For example, the FSG will typically include information about the fees charged by financial advisers for providing property advice, as well as the risks involved in investing in property.
In the context of Core Property, the FSG can be used to:
- Compare different financial services providers. By reading the FSGs of different providers, you can compare the fees and charges, the risks involved, and the complaints handling procedures. This can help you to choose the provider that is right for you.
- Make informed decisions about your property investments. By understanding the financial implications of buying or selling property, you can make informed decisions about your property investments.
- Identify potential conflicts of interest. The FSG will typically disclose any potential conflicts of interest that the provider may have. This information can help you to make informed decisions about whether or not to use the provider's services.