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OnePath targets gun-shy investors
OnePath has announced the launch of a new range of ANZ term deposits to cater for cautious investors, according to ANZ general manager for superannuation and investments Craig Brackenrig.
"Investors are hesitant to invest under current market conditions. In this environment investors are risk averse and are looking for secure cash options," said Brackenrig.
The new term deposits will be offered through the OneAnswer platform, and will offer terms of three, six and 12 months or two, three and five years, Brackenrig said.
The OneAnswer platform has also been enhanced, and will include a "seamless and automated super to pension transfer capability," according to OnePath.
"Our key focus is to ensure the OneAnswer investment platform delivers on its promise of being one of the most competitive and reliable investment, super and pension offerings available," Brackenig said.
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