News

ING births plan nine months after freeze

Thursday 11th of December 2008
Key points
  • $100 mill loan equals around 15 cpu
  • Two to six years to wind up DYF and RIF
  • Fund values highly uncertain
  • ING "strongly refutes" funds mis-sold
The company hastily organised a conference call with advisers yesterday to outline the bones of a plan for its Diversified Yield Fund (DYF) and Regular Inc...
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