Allianz Retire+ continues growth, appointing Victorian State Manager

15 August 2023

Allianz Retire+ continues growth, appointing Victorian State Manager

Former UBS Head of Wholesale Client Coverage, Marcus Cleary appointed State Manager for Victoria
Allianz Retire+ continues growth, appointing Victorian State Manager.

Sydney, Australia (15 August 2023) Allianz Retire+ announces new Victorian State Manager, Marcus Cleary for its wealth management team.

Marcus joins the retirement income specialists from UBS Asset Management following an eight-year tenure, where he most recently held the role of Head of Wholesale Client Coverage. Within this capacity Marcus was responsible for developing and implementing sales strategy and retention for the Australian and New Zealand Wholesale market.

With over twenty years’ experience across the wealth sector Marcus was instrumental in forging enduring connections within the advice community, both on a national scale and within boutique dealer groups. Having started his career as a financial adviser he shares a deep understanding of the advice community and what tools are required to help support clients, especially when planning for retirement.

Speaking on the appointment Allianz Australia Life Insurance CEO, Adrian Stewart said, “We are pleased to welcome Marcus to the Allianz Retire+ team to support advisers and wholesale clients in Victoria. As a business we are continually evolving to meet the needs of retirees, advisers and superfunds, Marcus’ addition is testament to this.

We are assembling a strong team of industry leaders who understand the advice model and are committed to strengthening relationships as we continue to deliver AGILE to market and other solutions into the future.”

Head of Distribution Wealth Management, Andrew Stewart said, “Marcus’ expertise and leadership will be a valuable asset to our growing team. Having experienced managers available to support advisers is critical as we continue to bring next generation retirement income solutions to the market, and we are pleased to have Marcus on board.”

-ENDS-

Media contact:

Allianz Retire+

Amy Boyce

P: 0449 553 990

E: Media@allianzretireplus.com.au

Biography

Marcus Cleary

Marcus holds over two decades experience working within the advice and wealth sector. His most recent role as Head of Wholesale Client Coverage at UBS Asset Management saw him driving, developing and implementing sales strategy and retention for the Australian and New Zealand Wholesale market. Within this role over the course of eight years at the Global Asset Manager Marcus was responsible with building and maintaining existing strategies, identifying new product and markets, delivering high quality and profitable client accounts and working closely with key internal local or offshore stakeholders. Marcus began his career as a financial adviser and planner in Melbourne, he has held various Business development roles at ING, Australian Unity Funds Management, Macquarie, Charter Hall and Colonial First State. Throughout his tenure across these institutions Marcus was responsible for developing long term relationships with key advisers, national and boutique dealer groups, platforms and research to deliver sustained funds under advice and new funds flow.

Marcus holds a Diploma of Financial Planning from Deakin University.

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).

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