Rachel joins Allianz Retire+ from AMP, where she was a New Business Manager for the North platform. She brings more than 30 years of experience across wealth management, distribution and relationship management, having held senior roles with AMP, VGI Partners, Pengana Capital Group and Australian Unity.

She also has a strong track record of industry leadership and advocacy, having previously served as President of Women in Finance Queensland, and currently sitting on FINSIA’s Queensland Regional Council.

Chief Distribution and Marketing Officers Catherine van der Veen and Lucy Foster said Rachel’s appointment reflects Allianz Retire+’s continued investment in supporting advisers in delivering better retirement outcomes for Australians.

“Rachel joins Allianz Retire+ at an exciting time for the business,” van der Veen and Foster said.

“She brings deep industry experience, strong adviser relationships and a genuine passion for helping financial professionals deliver better outcomes for their clients.

“As demand for retirement income solutions grows, expanding our distribution capability ensures more advisers can access innovative products and strategies that help Australians retire with confidence.”

The appointment comes as Allianz Retire+ continues to build momentum, with uptake of its flagship retirement income solution Allianz Guaranteed Income for Life (AGILE) increasing by 31 per cent since January 2026.

Commenting on her appointment, Rachel said she was delighted to join Allianz Retire+, a business focused on addressing one of Australia’s most significant financial challenges.

“I am passionate about helping financial professionals access outstanding products and strategies that improve outcomes for clients while supporting business growth and efficiency,” Ms Elfverson said.

“Allianz Retire+ is helping shape the future of retirement income in Australia, and I’m looking forward to working closely with advisers across Queensland to help more Australians achieve confidence and security in retirement.”

Rachel’s appointment follows a period of continued recognition and growth for Allianz Retire+, including Chief Distribution and Marketing Officer Catherine van der Veen being named ‘Thought Leader of the Year’ at the Money Management 38th Annual Fund Manager of the Year Awards.

The business also recently announced the appointment of Kiru Anantharaj as Senior Manager, Retirement Solutions, further strengthening its retirement expertise and adviser support capabilities.

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Business update

• Strong and accelerating growth: AGILE uptake has increased by more than 30% since January, with repeat usage from advisers continuing to build momentum
• Enhanced value proposition: Recent product enhancements, including reduced fees and earlier access to lifetime income, have further strengthened AGILE’s competitiveness, and
• Addressing advisers’ top concern: Allianz Retire+ research conducted with Core Data in March 2026 showed access to capital is the number one priority for advisers (71%), with AGILE designed to provide flexible access to capital alongside guaranteed lifetime income.

AGILE is currently the only retirement income solution in Australia offering the unique combination of investment growth exposure, protection from market downturns, guaranteed lifetime income and flexible capital access.

Distribution appointment

Allianz Retire+ has also announced the appointment of Kiru Anantharaj as Senior Manager, Retirement Solutions, within its Distribution and Marketing team.

Kiru brings more than 20 years’ experience across insurance, advice, retirement and superannuation, and has a strong track record of building trusted relationships and delivering impactful adviser engagement. She joins from AMP, where she was a Retirement Specialist, and has previously held roles at Insignia Financial, MLC Life Insurance, BT Advice and ANZ.

Commenting on the appointment, Chief Distribution and Marketing Officers Catherine van der Veen and Lucy Foster, said Kiru’s experience and relationships would support the business in its next phase of growth.

“We are thrilled to welcome Kiru to the team at a time of strong growth for Allianz Retire+. She brings deep relationships across the advice community and a proven ability to support advisers in delivering better retirement outcomes for their clients.

As momentum continues to build in the retirement income category, strengthening our distribution capability is critical to ensuring more advisers and clients can access innovative solutions like AGILE.”

Commenting on her new role, Kiru said: “There is a growing need for solutions that give retirees confidence and flexibility, and advisers are increasingly looking for partners who can help them navigate this complexity.

“I’m excited to be joining Allianz Retire+ at such a pivotal time and to work closely with advisers to deliver better retirement outcomes.”

This appointment follows continued recognition of Allianz Retire+’s distribution strength, with Senior Retirement Income Specialist Lauren Matthews recently named BDM of the Year at the Financial Newswire Women Empowering Wealth Awards 2026.

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