From 5 October 2021 this page will include the Target Market Determinations for financial products issued by us.
What is a Target Market Determination (TMD)?
It’s a document that describes the type of customer who may suit one of our products, and the conditions and circumstances for how the product can be distributed. It also outlines when each TMD will need to be reviewed (generally every 1 to 2 years).
Why do we need Target Market Determinations?
We're required to have Target Market Determinations under the Treasury Laws Amendments (Design and Distribution Obligations and Product Interventions Powers) Act 2019. This framework ensures that we have a customer-centric approach to how we design, market and distribute our financial products. You should also consider our General Terms and the Product Disclosure Statement (if applicable), your personal position, objectives, financial situation and needs before deciding if this product is right for you.