What is Target Market Determination?

A Target Market Determination (TMD) is a written document created to better help you understand who a product may be suitable for.  It outlines what other considerations may be relevant, to help you, make an informed decision that is consistent with your needs, objectives and financial situation.

It also sets out how you can access the product and any conditions around how we distribute the product to our members.  it also describes the events and circumstances that would suggest we may need to review the TMD for a financial product.

Why do we have Target Market Determinations?

We’re required to have Target Market Determinations available under the Treasury Law Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.

This is to make sure we continue to focus on our members when designing and distributing our financial products.

Fire Service Credit Union Product TMD’s

From 5 October 2021 our TMD’s for our products will be available by request in branch or by calling us on (08) 8227 2222.

Third Party Product TMD’s

Allianz products – The relevant Target Market Determination is available by calling us on (08) 8227 2222.