Fair Value Assessment Statements

Fair Value Assessments

Our Fair Value Assessment Framework sets out the process we use to make sure our products deliver fair value to customers within identified target markets.

Our Fair Value Assessment has considered:

• Target market: the target market for the product.
• Benefits: the nature of the product including any 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 the product might have.

We review the prices, features, fees and terms of all our products on a regular basis to make sure they continue to deliver fair value. You can see the results of our most recent assessments below.

Fair Value Assessment Statements