ANZ Wealth introduces new initiatives as it faces industry challenges
ANZ Wealth has announced a series of initiatives to its OnePath solution to positively support funds and their members ahead of life insurance sector changes.
Head of life insurance, Gerard Kerr, said the sector is at a critical juncture, and that ANZ Wealth has identified a number of ways to face the changing landscape of life insurance.
The initiatives include:
- Dedicating more resources to lead its mental health and wellness strategy plan;
- Running health portal pilots for Group schemes;
- Caseworks early claims engagement program; and
- Health coaching to improve client’s health.
“We are not looking for a silver bullet to solve the challenges of the sector,” said Kerr. “This is going to take time, but by putting a series of initiatives in place, we can build on this work and better support clients through the changing landscape.”
Kerr said continued investment in OnePath remained a priority.
AUTHOR
Anastasia Santoreneos
Recommended for you
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renewal process.
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
