Payment Distribution for ANZ ING Investors
The Commerce Commission has determined payment distribution to ANZ/ING investors. The payment method should return about 95% of the capital originally invested by eligible investors.
ING
ANZ and ING Settlement
ANZ National Bank Ltd and ING (NZ) have announced a settlement with NZ Commerce Commission and NZ Securities Commission over the marketing and promotion of the ING Diversified Yield Fund and ING Regular Income Fund to pay an additional NZ$45 million to eligible investors. ANZ and ING had already made NZ$500 million available.