With October fast approaching, and numerous regulatory updates coming into effect, we are providing an outline of several regulations about which you need to be mindful. These include Design and Distribution Obligations (DDO), our outlined Target Market Determination (TMD) as well as complaints, reporting and key timeframes you should know.
We request that you keep note of this page as it references key obligations that AIA Australia Limited (AIAA) will implement or has already implemented which may impact you and your clients.
As we protect many Australians’ financial wellbeing, our products have been designed to cater for a range of clients and their personal, financial and family commitments. Our products and obligations will continue to be developed in line with our commitments to your clients and their expectations of AIAA.