Allianz Retire+ upgrades AGILE delivering lower fees and earlier access to lifetime income.

Sydney, Australia (10 February 2026):  Allianz Retire+ has unveiled upgrades to its retirement income solution, Allianz Guaranteed Income for Life (AGILE), featuring enhancements that deliver greater value, simplicity, and flexibility to pre-retirees and retirees. 

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 access to capital.

The updated AGILE Product Disclosure Statement (PDS) reflects several changes informed by adviser and investor feedback, market conditions, and ongoing product optimisation.

Included in the changes is a reduction in product fees, which will fall by more than half to 0.30%. This fee reduction is planned to also be applied on a go-forward basis to those who invested in AGILE prior to January 19, 2026, starting in late February 2026.

Since September 2025, AGILE's uptake has surged by 50 per cent, and these enhancements are anticipated to further accelerate its momentum. Additionally, more than half of the advisers who have written their first AGILE policy have gone on to write additional policies.

Catherine van der Veen and Lucy Foster, Chief Distribution and Marketing Officer, commented: By recommending Allianz-backed AGILE, advisers are working with one of the largest insurers and asset managers in the world, providing financial services since 1890.  AGILE gives retirees a simple way to secure a steady income for life – one that can rise with markets, never falls with them, and always remains accessible when life changes,” van der Veen said. “It’s retirement without the risk.

“We are seeing increasing demand for AGILE as it offers a unique combination of growth potential with a safety net, guaranteed income for life that never stops or drops, and the flexibility to access your money. Together, these features provide a simple way to secure guaranteed income for life – protected from market downturns and accessible when life changes.”

Lucy Foster added: “We are currently the only provider in the Australian market that provides this level of flexibility to our clients. Advisers have long told us that locking up capital and being locked out of the markets are barriers for clients. AGILE removes this barrier as clients -can access their funds.

"The 50% increase in AGILE sales since September 2025 highlights the growing momentum in the retirement income market. As this segment gains popularity and understanding, our enhanced offering, coupled with broader industry dynamics, is poised to drive further uptake."

The product updates include:

- Fee Reduction: The product fee has been reduced to 0.30% p.a. (from 0.80% p.a.)

- Commencement of Lifetime Income: The minimum period to wait to commence lifetime income after starting an AGILE investment is now 1 year (previously 3 years), so clients can access their guaranteed lifetime income sooner.

- Lifetime Income Premium: For those who choose the Age Pension+ Option, the Lifetime Income Premium won't be charged from the later date of commencing the Lifetime Income and meeting a relevant condition of release (for investors using superannuation money) or reaching pension age (for investors using non superannuation money).

- Gender-Specific Pricing: We've moved to gender-specific pricing for lifetime income rates. Rates are available via our new AGILE Rates Centre.

AGILE remains a leading retirement income solution offering the unique combination of growth potential with a safety net, guaranteed income for life that never stops or drops, and the flexibility to access your money. Together, these features provide a simple way for your clients to secure guaranteed income for life – protected from market downturns and accessible when life changes.