What is a Target Market Determination (TMD)

As an issuer of financial products it is our responsibility to create a TMD for each of our products covered by the Design and Distribution Obligations. Each TMD will describe the:

  • Target market: the likely objectives, financial situation and needs of the members for whom the product was designed;
  • Distributions conditions: the conditions and restrictions surrounding how the product can be sold and distributed; and
  • Reporting requirements: the relevant information that must be provided to us by our distributors within the timeframes specified in the TMD.

Reporting requirements

Distributors of each of our products covered by the Design and Distribution Obligations must report the information outlined in each TMD within the timeframes specified in the TMD.

If you are looking to report information to us as outlined in our product TMDs’, please email your information to [email protected].

Target Market Determination

Everyday Account - Click here to download the complete TMD for this product.

Saver Account - Click here to download the complete TMD for this product.