ANZ Wealth introduces new initiatives as it faces industry challenges

ANZ/ANZ-Wealth/OnePath/life-insurance/

28 February 2018
| By Anastasia Santoreneos |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS