ING’s OneAnswer pays bonus interest
For the second time new investors in ING Australia’s OneAnswer will have the opportunity to earn bonus interest with the ANZ Flexible Term Deposit Fund.
For a period of six months from April 1, 2009, new investors in the ING’s OneAnswer Pension, Personal Super and Investment Portfolio who place an investment in the ANZ Flexible Term Deposit Fund will be eligible for an additional 1 per cent per annum on top of the standard interest rate declared for the fund.
The offer is a result of a strong response to the first bonus offer, according to the ING Australia head of product and marketing for wealth management, Mark Pankhurst.
“In the current market investors are looking for security and also want a competitive return. Investors are particularly attracted to the ANZ flexible term deposit as it is covered by the Government’s bank deposit guarantee as well as providing a bonus interest rate to new investors,” Pankhurst said.
The current interest rate is 3.05 per cent per annum for OneAnswer and 3.35 per cent per annum for OneAnswer/Select, including the 1 per cent bonus.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
