Product Governance

Product oversight and governance activities are designed to provide assurance that our products:
● meet the needs of one or more identifiable target markets;
● are sold to clients in the target markets by appropriate distribution channels;
● deliver appropriate client outcomes;
● offer fair value to customers in the target market.

To find out more about our product oversight and governance, you can download our
Product Oversight and Governance Policy and Product Development Process Map:



Target Market Statements

To view a full list of Target Market Statements that outline product governance, target audience, eligibility and distribution method for each product, please follow this link


Fair Value Assessments (FVA)

Products are reviewed at regular intervals, scheduled based on a number of factors such as the size, scale, contractual duration and complexity of those insurance products, their respective distribution channels, and any relevant external factors such as changes to the applicable legal rules, technological developments, or changes to the market situation. Such reviews will be undertaken every 12 months or more frequently where the potential risk associated with the product makes it appropriate to do so.

To view our latest completed Fair Value Assessments (FVA) please follow this link