In line with requirements detailed in the FCA's Product Intervention and Product Governance Sourcebook (PROD), fair value assessments are now available across all of our products. These are reviewed at least on an annual basis.
These include:
- an overview of how we undertook the assessment, including the types of management information we collected, reviewed and analysed to establish product fair value
- the outcome of the fair value assessment
- information about any groups of customers for whom the product may be unsuitable or may not provide the intended value
- information about any actions required to address potential poor value
- confirmation the fair value assessment was completed/approved and the latest date by which the next fair value assessment will be completed.
The Fair Value Assessments are published below under the relevant category heading. If you have any further questions, please contact your AXA Health Account Manager.
