Fair Value Assessment Statements
Fair Value Assessment Statements
Our Fair Value Assessment Framework sets out the assessment process we use to ensure our products deliver fair value to customers within identified target markets.
Our Fair Value Assessment has considered the following:
- Target market - the target market for the product
- Benefits - the nature of the product including the benefits customers can expect to receive
- Prices - the interest rates, fees and charges customers pay for the product
- Costs - costs incurred in manufacturing the product
- Limitations - any limitations in respect of the product
We review the prices, features, fees and terms of all our products on a regular basis to ensure they continue to deliver fair value. The results of our most recent assessments can be accessed below.
Fair Value Assessment Statements