ING adds new funds to platform
ING Australia has added six new funds to its OneAnswer platform.
ING announced today that OneAnswer now boasted over 78 investment funds from over 26 managers.
The new funds added to the platform are BT Core Australian Shares, Fidelity Australian Equities, Legg Mason Global Multi-Sector Bond, RARE Infrastructure Value, T. Rowe Price Global Equity and Vanguard Index Diversified bond.
Commenting on the added funds, ING Australia head of product marketing and wealth management Mark Pankhurst said adviser feedback had highlighted the need for additional investment funds to assist with portfolio construction, manager diversity and alternative asset classes.
He said the RARE Infrastructure Value fund served to bring a new asset class to the platform.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.