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Learn more about Allianz Retire+ and the first of our retirement solutions, Future Safe.
Future Safe gives you a simple way to access sharemarket linked returns with greater certainty. It helps protect your retirement savings when it's most vulnerable to a sharemarket downturn. Future Safe is an investment product issued by a life insurance company.
Who is it suitable for?
Investors, Pre-retirees or Retirees
Future Safe is suitable for investors who would like the opportunity to experience market growth while limiting losses. Those who are near retirement, or in the early stages of retirement may find it useful to protect their retirement savings while still benefiting from some growth.
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Individuals aged 18 to 80 years including non-resident investors.
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SMSF trustees and other Australian trustees and companies.
Choose your level of protection
Protection Options
You can choose between the three levels of protection and a one year Fixed Rate, depending on what level of losses you are comfortable with. The ‘Floor’ you choose will be the maximum loss you can suffer in any one year. Each Floor has an associated ‘Cap’ that is the maximum gain you can enjoy in any one year. The lower the Floor the higher the Cap.
You can choose the investment that best meets your investment or retirement objective. Future Safe offers a number of investment options to choose from.
Caps and Fixed Rates are updated each month
The Caps that are applicable to you will change on each of your anniversary dates. You should check them before you invest and prior to making an election each year.
Accessing your money
Withdrawals
You are able to access your funds through regular or ad hoc withdrawals to suit your needs.
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Future Safe provides an amount that can be withdrawn free of charge each year (i.e at least 5% of your initial investment plus interest credited from the previous year1).
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If you invest with super, we will pay the minimum each year required under super law.
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You can access amounts above the Free Withdrawl Amount, but these will be subject to a Market Value Adjustment (MVA) charge.
1 Interest credited in the last year of any Investment Interval is not accessible in the first year of the next Investment Interval.
The amount of the MVA charge may be quite significant, particularly in the early years. The actual amount will depend on changes to interest rates and the time remaining to the maturity of your policy.
MVA impacts withdrawal value
The table shows how the MVA charge impacts the withdrawal value for $100,000 based on different movements in the reference rate for a 10 year Investment Interval.
The MVA charge reduces over time as you approach the end of an Investment Interval.
| Withdrawal value based on changes to reference rates since inception | ||||||
| End of year | Account balance | -2% | -1% | 0% | 1% | 2% |
| 1 | 100,000 | 94,707 | 94,707 | 94,707 | 86,721 | 79,474 |
| 2 | 100,000 | 95,589 | 95,589 | 95,589 | 88,457 | 81,921 |
| 3 | 100,000 | 96,471 | 96,471 | 96,471 | 90,200 | 84,398 |
| 4 | 100,000 | 97,354 | 97,354 | 97,354 | 91,952 | 86,906 |
| 5 | 100,000 | 98,236 | 98,236 | 98,236 | 93,713 | 89,446 |
| 6 | 100,000 | 99,118 | 99,118 | 99,118 | 95,482 | 92,018 |
| 7 | 100,000 | 100,000 | 100,000 | 100,000 | 97,260 | 94,624 |
| 8 | 100,000 | 100,000 | 100,000 | 100,000 | 98,164 | 96,381 |
| 9 | 100,000 | 100,000 | 100,000 | 100,000 | 99,078 | 98,173 |
| 10 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
* Assumptions: 5% of Account Balance at commencement available as a Free Withdrawal Amount, no interest credited and no payments made, and 5% initial reference rate and a tax rate of 0%.
What happens on death?
Passing on benefits
You can elect a 'beneficiary' who will receive the remaining benefits of your policy if you die during the policy term
We recommend reading the PDS carefully and speaking to your financial adviser before investing.