5 December 2024
Allianz Retire+ is proud to have won the Money magazine Australia ‘Best of the Best’ Award 2025 for Innovation - Retirement Income for our product, Allianz Guaranteed Income for Life (AGILE).
Now in its 25th year, the Money magazine Awards are an annual celebration of Australia’s top firms in the superannuation, managed funds, banking, broking, insurance, and investment manager industries. Rainmaker Group, Publisher of Money, utilises its proprietary data and research to guide the reviews and assessments for the much-coveted Best of the Best Awards.
Allianz Retire+ has recognised the significant changes within the financial services industry, specifically the call for greater innovation in retirement income products following the Retirement Income Covenant in July 2022.
AGILE was released with the aim of disrupting the market and offering a guaranteed lifetime income product that incorporates a unique combination of features previously unavailable in Australia such as protected growth, flexible access to savings, as well as a range of protected investment options that enable retirees to adjust their strategies as their needs change.
Allianz Australia Life Insurance CEO Adrian Stewart said "This award crowns what has been a great year for accolades – following our inclusion in the AFR BOSS Most Innovative Companies list for 2024, curated by The Australian Financial Review and Cognizant.
"The Money magazine Best of the Best Awards are highly coveted and are presented to the businesses that have pushed through traditional boundaries to stand out as innovators in their field. It recognises our commitment to pioneering solutions and setting new standards in our industry to ensure all Australians have access to a reliable income in retirement.”
As we continue our journey of innovation, we remain steadfast in our mission to shape the future of financial services and deliver exceptional value to our clients.
Learn more about AGILE here
Now in its 25th year, the Money magazine Awards are an annual celebration of Australia’s top firms in the superannuation, managed funds, banking, broking, insurance, and investment manager industries. Rainmaker Group, Publisher of Money, utilises its proprietary data and research to guide the reviews and assessments for the much-coveted Best of the Best Awards.
Allianz Retire+ has recognised the significant changes within the financial services industry, specifically the call for greater innovation in retirement income products following the Retirement Income Covenant in July 2022.
AGILE was released with the aim of disrupting the market and offering a guaranteed lifetime income product that incorporates a unique combination of features previously unavailable in Australia such as protected growth, flexible access to savings, as well as a range of protected investment options that enable retirees to adjust their strategies as their needs change.
Allianz Australia Life Insurance CEO Adrian Stewart said "This award crowns what has been a great year for accolades – following our inclusion in the AFR BOSS Most Innovative Companies list for 2024, curated by The Australian Financial Review and Cognizant.
"The Money magazine Best of the Best Awards are highly coveted and are presented to the businesses that have pushed through traditional boundaries to stand out as innovators in their field. It recognises our commitment to pioneering solutions and setting new standards in our industry to ensure all Australians have access to a reliable income in retirement.”
As we continue our journey of innovation, we remain steadfast in our mission to shape the future of financial services and deliver exceptional value to our clients.
Learn more about AGILE here
Media contact:
Kate Hallman P: 0413 946 704 E: kate.hallman@secnewgate.com.au |
About Allianz Retire
Allianz Retire+ delivers the next generation of retirement income solutions to the Australian market. Our financial product solutions are designed to simplify the complex financial and emotional challenges that can confront people who are heading into retirement. Allianz Retire+ is a world-first Australian venture combining the scale and expertise of international insurance provider Allianz and global investment expert PIMCO.
Disclaimer
This material is issued by Allianz Australia Life Insurance Limited, ABN 27 076 033 782, AFSL 296559. Allianz Retire+ is a registered business name of Allianz Australia Life Insurance Limited. This material has been prepared by Allianz Retire+ for general information purposes only. It is not comprehensive or intended to give financial product advice. Any general advice provided in this material does not take into account your objectives, financial situation or needs. Before acting on anything contained in this material, you should speak to your financial adviser and consider the appropriateness of the information received, having regard to your objectives, financial situation or needs. No person should rely on the content of this material or act on the basis of anything stated herein. Allianz Retire+ and its related entities, agents or employees do not accept any liability for any loss arising whether directly or indirectly from any use of this material. Use of the word ‘guarantee’ in this material refers to an assurance that certain conditions or contractual promises will be fulfilled by Allianz Retire+ from the available assets of its Statutory Fund No 2, in relation to the product terms. This includes ‘guaranteed’ income payments in the Lifetime Income Phase which will be paid from the available assets of Statutory Fund No 2, noting that Allianz Retire+ may terminate the product in certain limited circumstances as outlined in the Product Disclosure Statement referred below. Allianz Australia Life Insurance Limited is the issuer of Allianz Guaranteed Income for Life (AGILE). Prior to making an investment decision, investors should consider the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) which are available on our website (www.allianzretireplus.com.au). PIMCO provides investment management and other support services to Allianz Retire+ but is not responsible for the performance of any Allianz Retire+ product, or any other product or service promoted or supplied by Allianz. Use of the POWERED BY PIMCO trademark, or any other use of the PIMCO name, is not a recommendation of any particular security, strategy or investment product.