A TMD is a document prepared by Rest, which is required under section 994B of the Corporations Act 2001 (Cth) for certain products. It is designed to ensure good member outcomes are provided to members, and describes:
• the types of people the relevant Rest product has been designed for (i.e. the target market), and
• the likely objectives, likely financial situation and likely needs of the target market.
The TMD also includes information about how the relevant Rest product can be distributed, as well as indicators or “triggers” for Rest to review the target market and other information relating to the product.
We’re required to have a TMD under the Treasury Laws Amendment (Design and Distribution Obligations Intervention Powers) Act 2019.
We review our TMDs regularly. You can find previous versions here:
Rest Super TMD issued 30 September 2023
Rest Super TMD issued 11 August 2023
Rest Super TMD issued 30 September 2022
Rest Super TMD issued 30 September 2021
Rest Corporate TMD issued 30 September 2023
Rest Corporate TMD issued 11 August 2023
Rest Corporate TMD issued 30 September 2022
Rest Corporate TMD issued 30 September 2021
Rest Pension TMD issued 30 September 2023
Rest Pension TMD issued 11 August 2023
Distributors are required to provide regular reporting to Rest so we can monitor the distribution of our products. Distributors must:
Distributor reporting information should be emailed to ddo@rest.com.au
Distributors are regulated persons, including:
Distribution means ‘retail product distribution conduct’ in relation to a consumer, which includes:
