David Kan
ING has moved to beef up its self-managed superannuation fund offering with the appointment of a new general manager of its Super Concepts business.
ING announced today that Paul May had been appointed to head up the business with ING executive director, Personal Investments, David Kan outlining a strategy that includes building the company’s presence in SMSF administration as well as selling a wider range of ING products into the SMSF market.
“Self-managed superannuation is a key focus of Personal Investments and is fast becoming the largest single sector in superannuation,” Kan said.
Commenting on his appointment May said that the SMSF market had grown at more than 13 per cent last year.
“As one of the fastest-growing segments of the superannuation market, financial planners and accountants are seeing an increasing number of enquiries from clients on how to manage SMSF super, so Super Concepts is ideally placed to service the enquiries,” he said.
