Target Market Determinations

You can find the Target Market Determinations (TMD) for the following Mercy Super products here:

• Mercy Super – Super Account TMD
• Mercy Super – Pre-Retirement Income Account TMD
• Mercy Super – Post-Retirement Income Account TMD

What is a target market determination?

It’s a document that describes the type of consumer who may suit one of our products – based on their needs, objectives and financial situation (target market).

It also sets out who can distribute our products, how they can do this, and situations when we may need to review our products and the target market.

Why do we have Target Market Determinations?

Target Market Determinations are a requirement of the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.

This legislation requires financial services product issuers to design products that are appropriate for the consumers in the target market and consistent with their objectives, financial situation, and needs– putting consumers at the centre of how we design and distribute our products.