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Did you know that existing products will soon be required to meet design and distribution obligations?
These obligations represent a major shift in how products are designed, putting the onus on providers to design products for a pre-determined target market.
Do you know your target market and what your obligations will be in distributing superannuation products?
While commencement of design and distribution obligations has been delayed until 5 October 2021, there is a considerable amount of work involved to meet the requirements of this significant new regime.
Director – Banking and Regulatory Assurance , PwC