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Target Market Determinations

Describes who a product may be appropriate for.

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What is a Target Market Determination (TMD)?

A Target Market Determination (TMD) is a document that describes the type of customer one of our products may suit (target market), and any conditions around how the product can be distributed to our customers.

It also describes the events or circumstances where we may need to review the Target Market Determination (and target market) for the financial product.

Why does Auswide Bank have Target Market Determinations?

To make sure we’re putting customers at the centre in the design and distribution of our financial products.

We are required to comply with the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This law requires us to have Target Market Determinations to meet our obligations.

 

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© 2023 Auswide Bank Ltd ABN: 40 087 652 060, Australian Financial Services & Australian Credit Licence: 239686.
Products are issued by Auswide Bank unless specifically stated otherwise. To decide if a product is appropriate for you please carefully read the relevant product terms & conditions, disclosure statement or Target Market Determination. Any advice contained on this website is general advice only.

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