Allianz Life Retirement Solutions Now Available Through Morgan Stanley

Business Wire

More than 16,000 additional financial professionals now have access to Allianz Life annuities

MINNEAPOLIS--(BUSINESS WIRE)--
As consumer demand for retirement solutions increases, Allianz Life Insurance Company of North America (Allianz Life) announced today that it has partnered with Morgan Stanley to offer its annuities to Morgan Stanley clients.

Five annuity products are now available through more than 16,000 Morgan Stanley financial professionals. Clients who work with Morgan Stanley financial professionals will now be able to add a level of protection from negative index returns to their portfolio with our solutions.

Now available through Morgan Stanley are four registered index-linked annuities (RILA) and one fixed index annuity (FIA):

Allianz Index Advantage+^® Variable Annuity
Allianz Index Advantage+ New York™ Variable Annuity
Allianz Index Advantage+ Income^® Variable Annuity
Allianz Index Advantage Income ADV^® Variable Annuity
Allianz Essential Income 7^® Annuity

These RILAs feature a diverse lineup of index options and our signature innovations like Performance Lock that allows clients to “lock in” their index option value at a given point in time during their specified term.

“With our industry leadership and more than a decade of experience in the RILA market, we are ready to help Morgan Stanley grow in the space,” said John Helmen, vice president of distribution national accounts, Allianz Life.

The one FIA available – Essential Income 7^® – offers guaranteed lifetime income with innovative features like Increasing Income potential available through the additional cost Essential Income Benefit rider.

“As we experience a significant uptick in interest in retirement risk management, bringing our retirement solutions to Morgan Stanley financial professionals can help them increase the number of innovative solutions available to their clients,” said Corey Walther, president of Allianz Life Financial Services, LLC. “Our RILAs and FIAs can help clients address potential risks to their retirement like inflation, longevity and market volatility while offering growth potential.”

Total annuity sales across the U.S. were on track to set a new record in 2024 with sales increasing 29% in the third quarter, according to LIMRA’s U.S. Individual Annuity Sales Survey. RILA and FIAs experienced record-high sales in the quarter.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the Ethisphere World’s Most Ethical Companies^®, has been trusted since 1896 to help millions of Americans prepare for financial uncertainties and retirement with a variety of innovative risk management solutions. In 2023, Allianz Life provided additional value to its policyholders via distributions of more than $13.73 billion. Allianz Life is a leading provider of fixed index annuities, registered index-linked annuities, and fixed index universal life insurance. Additionally, Allianz Investment Management LLC (AllianzIM), a registered investment advisor and wholly owned subsidiary of Allianz Life, offers a suite of exchange-traded funds (ETFs). Allianz Life and AllianzIM are part of Allianz SE, a global leader in the financial services industry with approximately 157,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field^® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.

Annuities can help meet long-term retirement goals by offering tax-deferred growth potential, a death benefit during the accumulation phase, and a guaranteed stream of income at retirement.

Registered index-linked annuities (RILAs) are subject to investment risk, including possible loss of principal. Investment returns and principal value will fluctuate with market conditions so that contract value, upon distribution, may be worth more or less than the original cost.

RILAs are subject to investment risk, including possible loss of principal. Investment returns and principal value will fluctuate with market conditions so that contract value, upon distribution, may be worth more or less than the original cost.

Executing a Performance Lock may result in receiving less than the performance credit that would have been received had the index option not been locked. It is possible to lock in a negative return. We will not provide advice or notification regarding whether a Performance Lock or Early Reallocation (also known as "get back in") should be executed, the optimal time to do so, or if a Performance Lock or Early Reallocation is exercised at a sub-optimal time. We are not responsible for any losses related to decisions of whether or not to execute a Performance Lock or Early Reallocation. Early Reallocation Caps, Participation Rates, and/or Trigger Rates received may be less than the Early Reallocation rates that become available later in the Index Year, or the renewal rates available on the next Index Anniversary.

Guarantees are backed solely by the financial strength and claims-paying ability of the issuing insurance company. Guarantees in RILAs do not apply to the performance of the variable subaccount(s), which will fluctuate with market conditions.

Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5427. www.allianzlife.com (L40538-01, (C61892-02-MVA)). In New York, products are issued by Allianz Life Insurance Company of New York, 1633 Broadway, 42nd Floor, New York, NY 10019-7585. www.allianzlife.com/new-york (L40538-01-NY). Registered index-linked annuities are distributed by their affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. Only Allianz Life Insurance Company of New York is authorized to offer annuities in the state of New York.