Lonsec awards ‘Recommended’ rating to Allianz Retire+ Future Safe


Independent investment research house, Lonsec, has awarded Allianz Retire+ ‘Future Safe’ a ‘Recommended’ rating*.  Future Safe is the first in a new breed of retirement solutions that will transform how advisers and their clients think about the key challenges of retirement.  

Future Safe was purpose-designed from the point of view of the customer, following detailed market research with Australian financial advisers and retirees. The research identified key challenges within the retirement community and the product features that might address these. 

Allianz Retire+ Chief Executive, Matthew Rady said, “We’re delighted Lonsec has not only reviewed our first product, Future Safe, but has awarded it a rating of ‘Recommended’. This is an extremely encouraging outcome which clearly demonstrates the quality of the product, its accessibility and affordability for advisers and their clients, and the capability of the combined backing of Allianz and PIMCO.” 

Allianz Retire+ Head of Distribution, Caitriona Wortley continued, “We’re excited that Lonsec has issued a positive report so soon after Future Safe’s launch. This will really help us deliver on our mission to provide greater certainty to Australian retirees.” 

Future Safe is a seven-year investment product, with inbuilt flexibility, issued by a life insurance company. It provides a simple way for clients to access the returns of the sharemarket with the certainty of a range of outcomes. At the commencement of a policy clients, in consultation with their adviser, select either one or a combination of fixed rate, market-linked investments and protection options to suit their needs. 

Each market-linked option is made up of a ‘Cap’ and a ‘Floor’, allowing clients to decide their range of returns up front and limit potential losses. 

Rating Future Safe ‘Recommended’ in its review, Deanne Baker, Lonsec’s co-Head of Manager Research stated: “Lonsec considers Future Safe to be a thoughtfully considered and well-designed product, that may assist in overcoming a major challenge facing retirees; sequencing risk. Future Safe provides investors a vehicle to participate in market-linked returns within inbuilt protection and flexibility, at a reasonable, and importantly, transparent cost and market leading with respect to total cost transparency in the retirement space. Lonsec is comforted in the heavy involvement of both Allianz (one of the world’s largest insurers in a highly regulated industry) and PIMCO (one of the world’s largest fixed income managers).”

*The Lonsec Rating (assigned March 2019) presented in this document is published by Lonsec Research PTY Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth) and based solely on consideration of the investment merits of the financial product. Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Allianz Retire+ products, and you should seek independent advice before investing in this product. The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the product using comprehensive and objective criteria. For further information regarding Lonsec’s ratings methodology, please refer to the website at: http://www.lonsecresearch.com.au/research-solutions/our-ratings

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