Hard on the heels of Xero and Burger Fuel, news today that ING will list its retirement home business.
Now if I ws being flippant I’d make some pun stating that if Burger Fuel is wildly succesful there will be limited demand for ING’s product offerings as more people will die young of heart attacks and diabetes related conditions. This however would be;
- non-indicative of the true facts (on either ING’s or BF’s side of things)
So all I’ll say is that we have an ageing population and all things related to later-life spend should be seen as a better than average bet.
Forsyth Barr is the lead manager so watch out for an announcement of a prospectus.