ANZ National Bank Limited (ANZN) and ING (NZ) Limited (ING)
Misleading representations about the degree of risk when when promoting and marketing the ING Diversified Yield Fund (DYF) and the ING Regular Income Fund (RIF). $45 million in refunds to affected investors.
PartiesANZ National Bank Limited (ANZN) and ING (NZ) Limited (ING)
Category
Consumer
Sub-category
Act/Section
Fair Trading Act ss 10, 13(a), 13(b), 13(e)