Allianz Retire+ buoys sales team

Allianz Retire+ has bolstered its distribution team with a new state manager following the launch of its longevity solution AGILE.

Stephen Armstrong joins the retirement income specialists in the newly created role of state manager to service Australia's west and south coast.

Armstrong joins from AMP's Platform business, where he was a key account manager for seven years.

Previously, he worked for Elders Financial Planning and Sentry Financial Group in similar roles

His appointment follows the March hiring of Natalie Philips as NSW state manager.

Philips joins with over thirteen years of business development experience, most recently at Challenger.

Speaking on the appointments, Allianz Australia Life Insurance chief executive Adrian Stewart said both recruits bring valuable experience within the wealth space to the Allianz Retire+ team.

"We see huge potential across both the west and east coast of Australia, which is why we have created the new role for State Manager for WA and SA to service those regions. Stephen's decades of experience and deep adviser relationships across the west coast will be welcomed as we continue supporting advisers to secure greater certainty for their clients in retirement.

"Natalie's deep sector knowledge of retirement income solutions and annuities will support the efforts in NSW to deliver solutions to advisers and their clients. Natalie has a deep understanding of the Sydney IFA and Adviser market, having cultivated strong relationships within the industry."

Stewart said the new appointments continue to bolster our expertise and elevate the firm's support for advisers in delivering retirement income solutions to their clients.