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Living Super Balanced Option assigned ‘Recommended’ rating by Lonsec

Published on 15/01/2015

The ING DIRECT Living Super Balanced Option, the first Balanced option available to all Australians with no administration, contribution or management fees, has been assigned a ‘Recommended’ rating by Lonsec in its first review.

Commenting on the rating, Mark Woolnough, Head of Third Party Distribution at ING DIRECT, said:

“Living Super is a great superannuation platform that is already resonating strongly with Australians who are increasingly demanding more transparency and better control when it comes to their retirement planning.

“The ‘Recommended’ rating demonstrates the strong conviction that Lonsec has for the Living Super Balanced Option. This is a great endorsement and yet another reason for advisers to consider Living Super for their clients.”

Alongside the ability to invest in ING DIRECT Cash and Term Deposits with no fees, Living Super offers a wide menu of investment options with access to a range of managed funds, as well as real time trading of shares listed on the ASX/S&P 200 index and selected ETF’s and LIC’s.

Living Super was awarded the SuperRatings Best New Product for 2013 for innovative product design that benefits members and the SuperRatings Fast Mover 2014 award, alongside Platinum ratings for 2013, 2014 and 2015.

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Media contact:

Kristen Costandi
T: +61 2 9018 5160
M: +61 413 317 225

ING DIRECT changed the way Australians bank 15 years ago by launching the country’s first high interest, fee free online savings account. Since then, we’ve brought this low fee value to home loans, transactional banking and superannuation. With over 1.5 million customers – and $30 billion in savings and $38 billion in mortgages – ING DIRECT has the highest Net Promoter Score of any other bank in Australia (NFSM, November 2014).
The Lonsec Rating (assigned November 2014) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a “class service” (as defined in the Financial Advisers Act

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