Updated Sunday, May 19, 2013 as of 7:33 PM ET
- Bank Channel
ING Direct, Financial Synergy Launch Retirement Savings App
by: Sean Sposito
Wednesday, September 5, 2012
Print
Email
Reprints

Financial Synergy announced Tuesday that the branchless bank ING Direct in Australia, which is wholly owned by ING Group, Amsterdam, will offer the Australian wealth manager's Living Super retirement planning application to its customers.

ING customers will now be able to see their retirement account alongside their existing bank account balances, Financial Synergy said. Users will also be able to move cash into their Living Super accounts, change their investment options and purchase insurance.

Living Super is named after the process of saving for retirement in Australia, superannuation.

"The level of integration for features such as insurance, term deposits and share trading in this product provides true straight-through processing for most transactions," Stephen Mackley, Financial Synergy's chief executive, said in a press release. "This will contain costs, yet still deliver the flexibility and control that ING Direct customers are seeking."

Player Template for http://www.onwallstreet.com
Practice Management
Protect Investors from Their Worst Enemy: Themselves
Guides and Supplements
30-days-30-ways-2013

Current Issue

The May Issue is now online!


TWITTER
FACEBOOK
LINKEDIN
Quick Polls
Are You Considering Changing Firms This Year?
Yes, to Another Wirehouse or Regional Firm.

14%

Yes, Considering Independence.

14%

No.

71%

Industry Events

May 22, 2013 | Boston, MA

May 28, 2013 | San Francisco, CA

June 5, 2013 | Hollywood, FL

June 12, 2013 | Chicago, IL

June 20, 2013 |

Already a subscriber? Log in here