Macquarie Life upgrades product and service offerings
As a result of product reviews and adviser feedback, Macquarie Life has announced a range of updates to its FutureWise and Macquarie Life Active products.
The changes were announced by head of Macquarie Life Justin Delaney (pictured), who said the company had merged Super Protector and FutureWise products to make it easier for advisers to structure risk cover inside and outside of superannuation.
FutureWise covers will also be available through the Macquarie Wrap platform when linked to a super account. Macquarie Life had also enhanced its claims process through ClaimsConnect, which provided a team of qualified nurses to complete claim forms over the telephone with the client.
Delaney also said enhancements had been made to Macquarie Life Active and FutureWise’s income protection offerings.
In addition, the company announced enhancements to its underwriting service, with personal medical attendant reports no longer being a mandatory requirement.
Recommended for you
There could be changes ahead for how ASIC requires licensees to handle conflicts of interest as the corporate regulator announces it will be meeting key stakeholders next year to update guidance.
As investors increasingly seek to embed ESG considerations in their portfolios, a specialist adviser has offered tips for financial planners who may feel overwhelmed in tackling these complex topics with clients.
Global investment consultancy bfinance is expanding into offering services for wealth managers as they seek advanced investment strategies for their clients.
The majority of advisers are failing to proactively understand their clients’ needs and satisfaction, with just one in four practices formally seeking feedback in the last two years, according to Business Health.