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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.

Submitted by

July 23rd, 2010 at 10:55 am

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.

Submitted by

June 25th, 2010 at 10:32 am

Regions & Categories: Banking,New Zealand

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