Can Mr Online Banking break open superannuation?

ING’s Vaughn Richtor beat the “big four” to success in online banking. Now he wants to do the same in superannuation … his timing might be very good.

PORTFOLIO POINT: ING is hoping to crack Australia’s superannuation market wide open, in the same way it revolutionised online banking.

Can Vaughn Richtor do it all over again? A banker who has worked all over the world for the Dutch-owned ING, he shook up the local deposit-taking industry over a decade ago with the surprise success of the online operation ING Direct.

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