Linda Da Silva appointed CIO of ING Australia

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Linda Da Silva appointed Chief Information Officer (CIO) of ING Australia and member of ING Australia Executive Committee. Linda moves from Westpac where she was previously CIO of BT Financial Group. She joined Westpac Group in 2008. With more than 20 years’ experience in IT consulting and leadership roles in Australia, Asia, Middle East and

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Property still hot for investors with growing number of Australians owning investment homes

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According to ING DIRECT’s latest Financial Wellbeing Index, property still holds strong appeal for investors with one in every five (20%) Australians saying they own an investment property. Despite tightened investor lending and signs that the property market is slowing, investor demand has continued to grow with the number of Australians investing in property growing

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ING DIRECT launches insurance for home owners

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ING DIRECT is expanding its offering for Australian home loan borrowers with the launch of home and contents insurance. Initially ING DIRECT will be offering home, contents, and home and contents packages to customers who have come through the bank’s broker network, with a variety of optional cover available including landlord, flood, accidental damage and

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Gen X and Y reject robo-advice for face-to-face

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A new report by ING DIRECT, The truth about Gen X and Gen Y, quashes the assumption that younger generations are more likely to embrace robo-advice, with almost 80 per cent wanting a face-to-face advice relationship. Mark Woolnough, Head of Third Party Distribution at ING DIRECT, commented: “Relationships have always been the cornerstone of successful and sustainable advice

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Global Property Securities Update

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Overview Strong returns by listed property companies during the month were mainly driven by positive momentum in most global equity markets. The prospect of further quantitative easing in the US would be beneficial to property companies. Asset valuations would improve because the lower risk-free rate tends to cause capitalisation rates to have adownward bias. We

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Equity market sentiment rebounds but investors cling to safe haven assets

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Majority of Australian investors bullish on local equity market Investors could miss out on opportunities in volatile markets by being too risk adverse Investor sentiment in Australia is on the rise and there is a markedly more bullish attitude to Australian equities, according to the quarterly ING Investor Dashboard Sentiment Index released today. However, it

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INGIM further strengthens wholesale capabilities with new appointments

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Key distribution hire in northern region Push into adviser and platform sector continues ING Investment Management (INGIM) Australia has continued to expand its push into the wholesale intermediary market with the appointment of Natalie Grey as its Northern Region Manager. Based in Sydney, Ms Grey will be responsible for building the organisation’s presence in the

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