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
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.