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
WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial advice firms.
Sequoia Financial Group has revealed the scale of complaints lodged with the Australian Financial Complaints Authority relating to its role in the Shield Master Fund and First Guardian Master Fund collapses.
AMP chief executive, Alexis George, believes the North platform is on a forward trajectory after a period of “stagnation” and is targeting consistent quarterly growth in advisers.
The Financial Advice Association Australia has announced it will expand its approved specialisations program to broaden its range of qualification designations.