Allianz Retire+ is launching its retirement income product, Future Safe, on the Hub24 platform.
The company said the reporting efficiencies created by giving advisers access to Future Safe tools and resources on Hub24 would benefit the advice process for both advisers and their clients.
Allianz Retire+ chief executive Matt Rady said: “This inclusion on the Hub24 platform signals a pivotal step in our distribution channel expansion. We are delighted that Hub24 recognised the growing demand for Future Safe and we thank them for their commitment to becoming our first strategic platform partner.”
Future Safe offers investors access to a variable index annuity using equities with a variable level of risk and the ability to reallocate the investment mix each year, combined with a fixed-rate component.
In March, Allianz Retire+ expanded the ways in which financial advisers could use its retirement income product by adding modelling that showed how it could be used with other investments to increase the certainty of outcomes.
Hub24 managing director Andrew Alcock said: “It’s critical that advisers and their clients have access to product solutions that can help them prepare for retirement. We are pleased to be working with Allianz Retire+ to provide advisers who use Hub24 and their clients access to greater product choice to help them achieve their retirement goals.”
Rady added: “We are keenly focused on expanding our reach to ensure advisers have efficient access to solutions that deliver better outcomes for their clients. It’s exciting to have Future Safe integrated with a market-leading platform that enables the provision of retirement solutions and, importantly, eases the delivery of quality advice.”
In June, State Street Global Advisors expanded the number of platforms carrying its exchange-traded fund model portfolios with their addition to Hub24 Invest and Hub24 Super.
