OnePath enhances OneCare



ANZ has announced changes to its OnePath OneCare offering which it says will make it more efficient and faster for advisers.
ANZ's head of Life Insurance, Gerard Kerr said that as part of the enhancements, the banking group had introduced an underwriting engine that had allowed it to cut the application process down by up to half the normal time, while still maintaining high assessment standards.
"For example, by categorising questions in a more intuitive way, we've been able to deliver an application process that is more user friendly, simpler and faster," Kerr said.
He said the changes had been based directly on adviser feedback.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.