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.
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.