Investment
Insurance
Superannuation
| Minimum amounts | |
|---|---|
|
Minimum initial investment |
$2,000 |
|
Minimum additional investment |
$1,000 |
|
Minimum regular investment (via a Regular Investment Plan) |
$100 per investment fund |
|
Minimum switch |
$250 per investment fund |
|
Minimum total balance |
$2,000 |
|
Minimum lump sum withdrawal |
$1,000 |
|
* The minimum investment amounts outlined above for ING MoneyForLife investment funds refer to the entire balance invested in ING MoneyForLife investment funds. Refer to page 22 of the OneAnswer Personal Super and Pension PDS for more information. | |
| Fee options | |
|
Flexible fee structure |
Entry Fee and Nil Entry Fee options |
|
Fee rebates |
Available for account balances over $100,000 |
Our contributions splitting service commenced on 29 September 2006. The Superannuation Contributions Splitting Application forms for all products are available on the ‘Publications and forms’ page of our website. Please note that you have until 30 June 2007 to submit a contributions splitting application for contributions made between 1 January 2006 and 30 June 2006.
Click here (170kb PDF) to read our policy on acceptance and rejection of contributions splitting applications for contributions made before 1 July 2007.
Click here (135kb PDF) to read our policy on acceptance and rejection of contributions splitting applications for contributions made on or after 1 July 2007.
Choice of Superannuation Fund legislation has been introduced by the Federal Government to allow employees, with some exceptions, to choose their own super fund for their Superannuation Guarantee contributions – putting them in control of what could be their biggest source of retirement savings.
The ability to choose a superannuation fund commenced on 1 July 2005
You can find out more about Choice of Superannuation Fund by:
If you already have your superannuation with ING you are well placed in the Choice of Superannuation Fund environment, and can feel confident that you are supported by one of the world's largest wealth managers and one of the largest and most highly respected providers of superannuation and insurance in the Australian marketplace. With ING, the choice is already yours!
Choice of Superannuation Fund, Fund Nomination Form and Letter of Compliance for Corporate Super can be found by visiting the publications and forms.
You can increase your understanding of key investment topics via L-earn online. L-earn is a simple and easy to navigate web site that can be of assistance to everyone, with information on savings tips and strategies to key themes of financial investment. The site also contains a range of tools and calculators that can assist you to model scenarios based on your own or hypothetical situations. The site can be accessed by clicking on the L-earn link in the right hand navigation box.
From 28 December 2002, amendments made to the Family Law Act 1975, the Superannuation Industry (Supervision) Regulations 1994 and other relevant legislation have provided divorcing or separating couples with a way to directly split their superannuation interests.
Click here to find out more.
Disclaimer: This information is current as at 17 December 2007 but may be subject to change. Although we consider the sources of this material reliable and we have prepared it with care and in good faith, no warranty is given as to the correctness of the information contained therein and no liability is accepted by ING Australia Limited, nor the ANZ Group, or any other affiliated companies for any statement or opinion or for any error or omission. The contents do not constitute financial product advice and investors should consider obtaining independent advice before making any financial decisions. Before acquiring a product, or deciding whether to continue to hold a product, investors should consider the current disclosure document which is available at ing.com.au or anz.com.au.
The information provided in this table is a brief outline of the major features of OneAnswer Personal Super. It is intended as a quick and easy reference source for investors. The table should not be used as a substitute for reading the Product Disclosure Statement (PDS) prior to you making any decision to invest through OneAnswer Personal Super.
The PDS is issued by ING Custodians Pty Limited ABN 12 008 508 496 RSE L0000673 AFSL 238346 and can be located under the following link Product Disclosure Statement and should be read in conjunction with the Investment Funds Guide and Additional Information Guide. Before acquiring the product or deciding whether to continue to hold the product, you should consider the PDS.
This material has been prepared without taking into account your particular investment objectives, financial situation and needs.
