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We’re working hard to improve our service

At Resolution Life we know that our service standards aren’t what we want them to be. We appreciate your patience as we continue to invest in our systems and people to sustainably improve our service to you and your clients. We expect to continue to progressively improve each week through the actions we are taking and expect to be delivering consistently by the end of August.

We are absolutely committed to working in partnership with you to retain our joint customers.

In this month's article, we'll look at our operations backlog, call centre and registry management.

Operations

In terms of our operational back log, at the end of March 2023 we had around 3,000 hours of overdue work (backlog) across all work queues which had accumulated due to a range of separation challenges and system fixes. By early May 2023, this amount had reduced by over 30% and there remains a sharp focus on clearing this by the end of July. We have seen SLA processing time return to near target levels of 85% within 3 days (financial) and 5 days (non-financial) and we continue to increase resourcing to achieve this outcome consistently throughout Q3 and beyond.

Call centre

As noted in the April newsletter, we have recently reorganised our call centre engagement specialists into tiers based on call type and complexity in order to better leverage team experience and increase the speed of our onboarding processes. This change has started to show results with our 'Simple enquiries'and ‘Complex S&I’ now achieving an average speed of answer (ASA) of 269 seconds. This is 50% of our callers. However we know that our ‘Complex Insurance’ wait times are significantly higher and unacceptable.  Whilst we still have a way to go, we are seeing the change is working and the new recruits that have joined have been making an impact. We’re continuing to hire more staff into the call centre across Australia and New Zealand, with 10 additional staff joining in May and another group joining in June.

Registry management

We know the backlog in our register management team is causing frustration. Additional resources have been assigned to the registry management team whilst we are implementing systems upgrades to be able to more easily process bulk transfers. We’ll provide further updates in our next newsletter.

We’re committed to providing a quality service to our advisers and customers – and everyone at Resolution Life is dedicated to this cause. We look forward to continuing to work with you and sharing our progress.

 


 

Guiding customers through EOFY

It is that time of year again – end of financial year (EOFY)! My Resolution Life portal can help you support customers through this busy period.

Complete common tasks in My Resolution Life

Through My Resolution Life portal, you can complete a range of EOFY activities such as:

  • requesting for a certificate of currency
  • requesting for Centrelink schedules and
  • obtaining copies of tax statements.

We know you experienced delays with last year's income protection tax statements. We’re currently assessing delivery times for this year’s income protection tax statements and will keep you updated about this in the June newsletter. These will be available to download from My Resolution Life when they are sent to the customer.

If you need help with using My Resolution Life this EOFY, see our guides in the My Resolution Life help centre.

Dates to know for EOFY

Date

Action needed

More information

Early June

No action from you or customers – customers will receive our EOFY marketing campaign.

See We’re contacting your customers below for more information.

23 June 2023

We encourage you to submit contribution forms and payments by this date to ensure it counts within the 2022-2023 financial year.

It’s important to not leave this to the last minute, as most super funds can take 3-5 business days to process payments and application forms. Otherwise, the customer’s contributions will likely count towards the next financial year.

 

We’re contacting your customers

We’re also running a marketing campaign to inform customers about EOFY and provide them with some extra educational content.

Who are we contacting?

All customers who have opted in for marketing and have a valid email address with us will receive an email in early June.

See what your customers are reading

You can read the educational content we’re sharing with customers below:


 

Instant decreased sum insured quotes for eligible policies nearing their renewal date

Our latest updates to the premium calculator in My Resolution Life means you can now get a quote instantly online for eligible policies based on any upcoming premium changes.

When you access our premium calculator to get a quote for a policy that’s about to renew, you’ll now see this option on the screen:

When selecting Yes, you’ll then see a follow up question on inflation adjustment, if the policy currently has inflation adjustment applied:

You can choose any of the above. If you select Not Sure, the calculator presents you with quotes for both scenarios of:

  • Inflation adjustment being applied
  • Inflation adjustment not being applied

As per the below screenshot, the options will be shown one after the other:

When you have reached the end of the process, you’ll be asked again as to whether you’d like to keep the inflation adjustment or opt out:

We’ve prioritised this calculator update as we heard your feedback on the need to use the premium calculator for policies nearing their renewal date.

We hope you find this useful, and as always, we welcome any feedback you have with the premium calculator.


 

My Resolution Life customer menu updates to make finding information easier

We’re always looking for ways to improve the customer experience with My Resolution Life, so we’ve recently made updates to the navigation menu of the My Resolution Life portal for customers.

We’ve heard feedback from customers that the original navigation menu was difficult to navigate, so we’ve simplified it and made it more intuitive. The new navigation menu should make it easier for customers to find the information they need in the portal.

Our old menu for customers Our new menu for customers


You’ll see this new menu whenever you’re in Customer view in My Resolution Life. For information on how to access Customer view in My Resolution Life (which shows you what the customer can see when they log in to My Resolution Life), see the My Resolution Life help centre.

Important information

Any advice and information on this website is general in nature and is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), which is part of the Resolution Life Group. Resolution Life can be contacted on 133 731 or via the contact us page. The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on the advice, you should consider the appropriateness of the advice, having regard to those matters as well as the relevant product disclosure statement (PDS) or policy document, available from Resolution Life at resolutionlife.com.au or by calling 133 731, before making a decision about the product. Consider speaking to a financial adviser if you have any concerns.

If you decide to purchase or vary a financial product, Resolution Life and/or other companies within the Resolution Life Group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium they pay or the value of their investments. You can ask us for more details.