ING DIRECT Living Super has expanded its investment menu off the back of investor and adviser demand.
It has expanded the numbers of shares available on its investment menu, extending the share trading platform to include securities within the S&P/ASX300 index and adding 26 additional funds to the exchange traded funds (ETF) menu.
ING DIRECT said according to CoreData research, the appetite for share trading through superannuation is growing year on year, with more than 70 per cent of retail superannuation investors saying they are interested in using ETFs, listed investment companies and direct share trading options.
ING DIRECT’s head of third party distribution, Mark Woolnough, said “investors are increasingly looking for control of their superannuation, which asset classes like direct share trading and ETFs offer”.
