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Target Market Determination
What is a Target Market Determination?
A Target Market Determination is a document which describes:
- the type of customer for which the product is designed (target market)
- any conditions or restrictions on how the product can be distributed to customers.
- events or circumstances that will require Jacaranda Finance to review the Target Market Determination for a financial product.
Why does Jacaranda Finance need to have Target Market Determinations?
Jacaranda Finance are required to have Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019. This Act sets out obligations to ensure a customer-centric approach to designing, marketing and distributing financial products.
How do you access Jacaranda Finance's Target Market Determinations?
To view our Target Market Determination documents, please click on the links below:
Line of Credit Target Market Determination
Medium Loan Target Market Determination