Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1964
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income
Escalation
10 Year Guarantee
Nil Guarantee
Assupol Life
Ultimate Retirement Income 4Life
R9 431.32
R6 509.03
R8 723.16
R8 741.54
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R7 599.46
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R9 063.89
R6 299.91
R8 489.09
R8 495.54
Just SA
Lifetime Income 2
R9 229.23
R6 318.06
R8 624.09
R8 566.29
Liberty Life
Life Annuity
R8 991.72
R6 166.55
R8 471.55
R8 469.45
Metropolitan
Life Annuity
R9 221.02
R6 303.64
R8 358.52
R8 383.27
Momentum
Life Annuity
R9 111.11
R6 285.82
R8 421.22
R8 423.69
Old Mutual
Max Income for Life
R9 143.89
R6 223.11
R8 351.54
R8 378.09
Sanlam
Life Annuity
R9 034.83
R6 293.79
R8 297.09
R8 312.08
1: Assupol's Ultimate Retirement Income 4Life offers rewirement - this is a combination between a level and increasing income. For this scenario, the Rewirement factor is 4 and the income starts to increase yearly by 5% after 5 years. 2: The quotes for Just SA do not take underwriting into account. The client still has the option of underwriting. Once underwriting is received, then it will still be assessed. The income could be more or the same, but it won’t be less because of underwriting (there is no negative consequences to underwriting).
Compulsory Annuity Plans - Female born 1-1-1964
Product Provider
Product Name
Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1964
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income
Escalation
10 Year Guarantee
Nil Guarantee
Assupol Life
Ultimate Retirement Income 4Life
R9 033.83
R6 017.12
R8 723.16
R8 741.54
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R7 045.93
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 723.42
R5 884.73
R8 489.09
R8 495.54
Just SA
Lifetime Income 2
R8 925.91
R5 941.30
R8 592.90
R8 535.19
Liberty Life
Life Annuity
R8 818.05
R5 922.33
R8 471.55
R8 469.45
Metropolitan
Life Annuity
R8 789.90
R5 770.22
R8 358.52
R8 383.27
Momentum
Life Annuity
R8 738.30
R5 847.74
R8 421.22
R8 423.69
Old Mutual
Max Income For Life
R8 740.00
R5 711.94
R8 351.54
R8 378.09
Sanlam
Life Annuity
R8 706.95
R5 802.96
R8 297.09
R8 312.08
1: Assupol's Ultimate Retirement Income 4Life offers rewirement - this is a combination between a level and increasing income. For this scenario, the Rewirement factor is 4 and the income starts to increase yearly by 5% after 5 years. 2: The quotes for Just SA do not take underwriting into account. The client still has the option of underwriting. Once underwriting is received, then it will still be assessed. The income could be more or the same, but it won’t be less because of underwriting (there is no negative consequences to underwriting).
Voluntary Annuity Plans
Product Provider
Product Name
R 1 million Investment (natural persons)
Monthly annuity income
5 year term certain
0% tax applicable
Gross Income
Taxable Portion
Tax Free Portion
Just SA
Term-Certain Income
R19 162.64
R2 495.97
R16 666.67
Liberty Life
Annuity Certain
R18 315.69
R1 649.02
R16 666.67
Old Mutual
Max Income for Term
R19 214.08
R2 547.41
R16 666.67
Growth Plans - using 3.45% as the Financial Advisor Fee
Product Provider
Product Name
Guaranteed return on Investment of R100 000
for a 5 year term for a natural person
FA fees taken = 3.45% incl. VAT
Guaranteed return on Investment of
R1 000 000 for a 5 year term for a natural person
FA fees taken = 3.45% incl. VAT
Rand Amount
%
Rand Amount
%
1 Life Insurance
1Life Guaranteed Future Value Investment
R132 752.89
5.83%
R1 330 667.85
5.88%
Discovery Invest
Discovery Guaranteed Growth Plan
R129 175.26
5.25%
R1 325 423.34
5.8%
Just SA
Structured Endowment1
no rates available
0%
R1 343 616.24
6.09%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 314 414.69
5.55%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R127 354.61
4.89%
R1 317 311.22
5.59%
Sanlam
Nimbus Fixed Return
R127 942.16
4.99%
R1 326 909.54
5.75%
1: JUST SA: This is a linked endowment. 2: The rates for the Guaranteed Investment Plan may change during the week. Please refer to Liberty Life for their latest rates.
Growth Plans - using 1.73% as the Financial Advisor fee
Product Provider
Product Name
Guaranteed return on Investment of R100 000
for a 5 year term for a natural person
FA fees taken = 1.73% incl. VAT
Guaranteed return on Investment of
R1 000 000 for a 5 year term for a natural person
FA fees taken = 1.73% incl. VAT
Rand Amount
%
Rand Amount
%
1 Life Insurance
1Life Guaranteed Future Value Investment
R135 217.06
6.22%
R1 354 718.49
6.26%
Discovery Invest
Discovery Guaranteed Growth Plan
R131 617.01
5.65%
R1 349 840.91
6.18%
Just SA
Structured Endowment1
no rates available
0%
R1 369 794.65
6.5%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 337 336.21
5.91%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R129 664.33
5.26%
R1 340 925.96
5.96%
1: JUST SA: This is a linked endowment. 2: The rates for the Guaranteed Investment Plan may change during the week. Please refer to Liberty Life for their latest rates.
Income Plans - using 3.45% as the Financial Advisor Fee
Product Provider
Product Name
R1 million Investment (natural persons)
Monthly annuity income
Capital Guaranteed
5 year term
0% tax applicable
FA fees taken = 3.45% incl. VAT
Gross Annuity Income
Taxable Portion
Discovery Invest
Discovery Guaranteed Income Plan
R4 788.90
R587.57
Just SA
Structured Endowment
R4 825.57
R588.44
Liberty Life
Guaranteed Investment Plan with Income
R4 559.21
R458.13
Sanlam
Nimbus Fixed Return with Income
R4 793.88
R678.64
Income Plan - using 1.73% as the Financial Advisor Fee
Product Provider
Product Name
R1 million Investment (natural persons)
Monthly annuity income
Capital Guaranteed
5 year term
0% tax applicable
FA fees taken = 1.73% incl. VAT
