ING WA wins $80m Iluka corporate super fund

Financial services leader ING's Western Australian division has won the tender to administer minerals producer, Iluka Resources' $80 million superannuation scheme.

ING emerged successful after a rigorous selection process involving a number of other competing superannuation fund manangers.

The success in winning the Iluka super fund comes as ING steps up its efforts in WA's corporate superannuation market, to capitalise on opportunities to win new business created by that state's resources led boom.

ING have a strong corporate superannuation team in WA led by state manager Mark Neil, corporate super expert Mike O'Donnell and business development executive Peter Webster.

Its commitment to company super has been strengthened by the appointment of Robert Bergin as National Sales Manager - Employer Super.

Executive Director Employer Super Ross Bowden said ING was delighted to have secured the rights to manage Iluka's superannuation plan.

"Our West Australian business development team, lead by Mike O'Donnell was an integral part of the successful bid. We see Perth and WA as a major priority for growing new employer super partnerships and our local presence and expert team demonstrates ING's commitment to the West," he said.

"We are very much committed to growing our share of the medium to large corporate superannuation market."

The tender process for the Iluka sceme was managed by Elders WA consulting actuary Des Butterly.