MetLife Insurance has upgraded its service offering with the introduction of a SMS message and reminder service.
The company's chief administrative officer, Tom Flood, said the initiative complemented MetLife's recently launched tele-underwriting and tele-assessment claims services.
He said the SMS messaging and reminder service was an initiative that provided an alternative method of contacting a member when the company needed to deliver an important message to them.
"People are busy, and communicating via text message is immediate and can be highly effective, resulting in a decrease in our cycle times," Flood said.
The Super Members Council (SMC) has called for streamlined super reporting to cut costs, boost investment flows, and strengthen retirement outcomes.
AustralianSuper’s reliance on unlisted assets dragged on performance over the past year, as the rally in listed markets left funds more heavily weighted to equities outperforming their peers.
IFM Investors has urged for government-industry collaboration to accelerate projects, unlock capital, and deliver long-term returns for Australians.
With super funds turning increasingly to private credit to lift returns, experts have cautioned that the high-yield asset class carries hidden risks that are often misunderstood.