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.
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.
