AlphaSeb AnonMan -
"Personal Accounts will remain in the Outlook App if you wipe just the Company data. You can control this over the setting "Allow only work or School accounts". When set to disable, users are able to configure personal accounts inside the Outlook App which will remain, once wiped."
That's not correct. "Allow only work or school accounts" enables org allowed accounts mode and disables the ability to add personal accounts or personal storage accounts when Outlook is managed via MDM (see https://docs.microsoft.com/en-us/exchange/clients-and-mobile-in-exchange-online/outlook-for-ios-and-android/setup-with-modern-authentication#organization-allowed-accounts-mode for more info). This is intended for fully locked down devices where the user isn't allowed to use the device for any personal data.
Regardless of whether that setting is enabled, an Intune MDM retire will force the uninstall of the apps that are pinned to the management profile. We're investigating ways to improve this for multi-identity apps.
Instead of issuing an MDM retire, you could use selective wipe from Intune App Protection Policies. This will remove the corporate data, but retain the personal data and the apps. https://docs.microsoft.com/intune/devices-wipe discusses the scenarios.