New SMSF head for ING

SMSF/financial-planners/executive-director/

21 April 2008
| By Mike Taylor |
image
image image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months 3 weeks ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

4 weeks 1 day ago

The central bank has released its decision on the official cash rate following its November monetary policy meeting. ...

4 weeks 1 day ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

1 week 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo