ING’s OneAnswer pays bonus interest

ANZ wealth management

1 April 2009
| By Corrina Jack |

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 1 day ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 1 day ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 1 day ago

TOP PERFORMING FUNDS