
ING
ING Australia is a venture between the global ING group and ANZ; one of the largest banks in Australia. Global ING owns 51% of the stakes while Australia Global owns 49%. ING is the largest life insurance, super annuation provider in Australia. ING Australia has a network of professional financial advisers and financial institutions through whom they provide a broad range of financial products and services ING Australia has its head office is in Sydney and branches in every state.
ING Group provides banking, investments, life insurance and retirement services to more than 85 million customers in 50 countries around the world. ING Group the tenth largest in Australia and employs more than 44,000 staff and have its presence in more than 30 countries.
Investments are a great way to achieve financial stability, if done wisely. ING offers a broad range of investment solutions, and also help you to diversify your investments.
The best investment solution of ING Australia is OptiMix. It helps you get Strong consistent returns and achieve multi lever diversions. The comprehensive range of 13 individual fund options allows you to tailor your investment to suit your investment goals.
Their retirement superannuation scheme offers 2 ways of taking income after retirement. One way is to take it in the form of income and another way is to take lump sum cash. In fact Australian Government prefers people to take the annuation as a regular income instead of taking it in one lump sum. Hence they offer more tax rebates for people who take income stream annuation.
Pensions which are paid from superannuation fund and annuities paid from a life insurance company are two income streams to look at after retirement.
Allocated income streams, are very flexible, tax saving, and provides regular income. Persons aged 60 and over are taxed on their superannuation pension payments, or lump sum withdrawals.
Lifetime income streams, are payable for your lifetime and there is no risk of outliving this type of income stream, which includes income payments of spouse too after their death.
Fixed Income Streams offer security and certainty and is simply one that is payable for a set period of time. They won’t be paid for your lifetime or the lifetime of spouse.
The most popular investment range of ING Australia is One Answer. It is structures to support and maximise your wealth. Its best features are:-easy investment management, Competitive life insurance, Regular updates, Simple access to margin lending, Online reporting.
We all value our lives and yet we have different life insurance needs. ING has a range of Life insurance covers. Like One Care, Group Risk Insurance and direct Insurance. With a gamut of insurance covers and annuation it is not surprising that ING is a global leader.
