People today want the confidence to spend in retirement and enjoy the continuity of their lifestyle. They need certainty and flexibility from their investment strategies, and solutions to the unpredictable financial outcomes that can exist in retirement.

 

Plan for Life Excellence Awards 2023

We are delighted to share the exciting news that our longevity solution, Allianz Guaranteed Income for Life (AGILE) has won the Innovation - Product award at the fifth Annual Plan For Life Excellence Awards for 2023 –  in the Longevity Cover category.

Protection + Choice + Certainty + Flexibility = AGILE

Allianz Guaranteed Income for Life (AGILE) is a flexible retirement income solution that provides the certainty that comes from combining a protected investment with potential for performance growth, with a guaranteed lifetime income.

  • Protection
    Protection

    Total or partial protection from adverse market movements.

  • Choice
    Choice

    Choose when to start your guaranteed lifetime income1.

  • Certainty
    Certainty

    Guaranteed income payments for the rest of your life.

  • Flexibility
    Flexibility

    Access your investment value anytime.2

The next-gen retirement income solution that evolves with you

The features of AGILE designed to provide increased certainty in retirement.

How AGILE works

AGILE comprises two key stages – the Growth Phase and the Lifetime Income Phase – and provides you with the confidence and flexibility you need to plan for, and thrive, in retirement.

The Growth Phase

Build your retirement savings

Potential to safely grow your AGILE investment value and maximise your guaranteed lifetime income. 

Learn More

Lifetime Income Phase

Receive a guaranteed lifetime income

Convert your AGILE investment value into a guaranteed lifetime income when you’re ready1.  

Learn More

Is AGILE right for you?

AGILE is for those nearing retirement or already in retirement who want the certainty and confidence that comes with guaranteed income payments for the rest of their lives. You should also consider the AGILE Target Market Determination which sets out the target market for AGILE.

 

AGILE is for investors who want:

   Certainty


  • Guaranteed lifetime income, with the option for income payments to continue for the lifetime of your spouse
  • Regular monthly income payments
  • Guaranteed lifetime income, with the option for income payments to continue for the lifetime of your spouse
  • Investment protection
  • Full and partial withdrawals2
  • Death benefit equal to the value of your investment4                                                             
  •    Flexibility


  • You choose when to start your lifetime income1
  • Withdraw all or part of your investment value at any time2
  • Choice of Australian or global equity index investment options3
  • Choice of total or partial investment protection
  • Choice of fixed or rising income payment options
  • Choice to have income payments continue for the lifetime of your spouse
  • Choice to elect the Age Pension+ Option which may allow you to be eligible for, or receive a higher level of, the Age Pension5
  • Integration into an eligible super fund or account-based pension
  • Certainty


  • Guaranteed lifetime income, with the option for income payments to                continue for the lifetime of your spouse
  • Regular income payments
  • Investment protection
  • Full and partial withdrawals2
  • Death benefit equal to the value of your investment4 
  •  

     

    Flexibility


  • You choose when to start your lifetime income1
  • Withdraw all or part of your investment value at any time2
  • Choice of Australian or global equity index investment options3
  • Choice of total or partial investment protection
  • Choice of fixed or rising income payment options
  • Choice to have income payments continue for the lifetime of your spouse
  • Choice to elect the Age Pension+ Option which may allow you to be                 eligible for, or receive a higher level of, the Age Pension5
  • Integration into an eligible super fund or account-based pension
  •  

     

    Frequently Asked Questions

    AGILE caters for two types of investments:

    • Superannuation money as invested by a superannuation trustee (ie via eligible superannuation funds, including platform superannuation, or your SMSF); and
    • Non-superannuation or ordinary money as invested by individuals, companies or trusts, including investments made through platforms.

    Your lifetime income can be turned on after an initial three-year period after commencing your AGILE investment.

    AGILE offers the option of rising income payments. Under this option your guaranteed income will increase each year by any positive annual return of the Australian equity index (up to the Maximum Return).

    Increases to your income accumulate over time, and will never go backwards – even if the index delivers a negative return.

    You can access some or all of your investment value at any time.

    During the Growth Phase, investors have access to a Free Withdrawal Amount (FWA) equal to 5% of the initial Investment Amount, available annually. Withdrawals in the first 10 years may be subject to a Market Value Adjustment. If the Age Pension+ Option is selected, the investor can no longer access the FWA in the Growth Phase, and the available Withdrawal Value will be limited to the maximum amount allowable under the social security Capital Access Schedule.

    If you are invested with super money, your withdrawal will be paid to your super fund to be invested in other investment options and can only be accessed if you meet a condition of release and/or super fund rules.

    For non-superannuation money, we will pay out any remaining investment value to your nominated beneficiary or estate in the case of individuals, or to the company or trustee for non-superannuation money, (including through a Platform). For superannuation money, we will pay out any remaining Investment Value to the superannuation fund trustee.

    If the Age Pension+ Option is chosen, the amount payable on death will be subject to a maximum known as the Age Pension+ Maximum Benefit on Death, which may be greater or less than the Investment Value at that time.

    If the Spouse Insured Option is chosen, in the event of death of the Life Insured, the Investor will continue to receive the Lifetime Income Payments for the remaining lifetime of the Surviving Spouse, or the Investor may choose a lump sum payment.

    No Market Value Adjustment will apply to the Investment Value paid on death6.

    Thrive in retirement

    • Want all the details?

      Find the PDS in our Resources section.


    Read the AGILE PDS

    Learn more about AGILE by reading the product disclosure statement.


    Contact our team

    Our team of experts can answer your questions about AGILE.


    Apply for AGILE

    Complete an online appliction and apply for AGILE.


     

    Anytime after the third year of the commencement of your AGILE investment, you can start your guaranteed lifetime income. Lifetime income payments will automatically commence when the life insured reaches 100 years of age (or after the life insured reaches Life Expectancy if the Age Pension+ Option has been selected).

    2 During both Growth and Lifetime Income Phases, investors are free to make Full or Partial Withdrawals from their Investment Value at any time. During the Growth Phase, investors have access to a Free Withdrawal Amount (FWA) equal to 5% of their initial Investment Amount, available annually. Withdrawals in the first 10 years may be subject to a Market Value Adjustment. Withdrawals will also reduce their potential Lifetime Income Payments. If an investor selects the Age Pension+ Option, they will no longer have access to the FWA in the Growth Phase, and the available Withdrawal Value will be limited to the maximum amount allowable under the social security Capital Access Schedule.

    3 AGILE’s protected investment options provide exposure to market-linked returns (up to a maximum return) while eliminating or reducing losses resulting from market falls – giving you the opportunity to safely grow your investment value before turning on your lifetime income stream.

    4 For investors who select the Age Pension+ Option, investors may no longer have full access to the Investment Value on death. Access will be limited to the amount prescribed under the social security Capital Access Schedule.

    It’s important to be aware that selecting the Age Pension+ Option would vary the death, withdrawal and lifetime income payable from AGILE.

    6 In respect of a Life Insured (or Surviving Spouse, if applicable).