David Kan
ING has launched a self-managed superannuation service specifically designed to help advisers.
ING said its Do It Yourself service would be offered through advisers and would allow individuals to establish and manage their own superannuation fund with the assistance of a financial expert.
ING said the new service would be administered by ING’s specialist self-managed superannuation fund provider SuperConcepts, and could be structured to invest in direct shares, property, managed funds or asset classes that most retail funds were not able to access, such as direct ownership of real estate.
Commenting on the new product, ING head of product and strategy for personal investments David Kan said the service would free up clients and their advisers to focus on the investment strategy of the fund and the wealth strategies of members.
