Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1965
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
R8 808.35
R5 874.42
R8 048.39
R8 065.15
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R6 882.56
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 548.57
R5 777.39
R7 883.05
R7 888.85
Just SA
Lifetime Income 2
R8 810.67
R5 956.79
R8 143.57
R8 094.32
Liberty Life
Life Annuity
R8 401.07
R5 596.90
R7 851.41
R7 850.72
Metropolitan
Life Annuity
R8 871.27
R6 005.73
R8 007.16
R8 030.36
Momentum
Life Annuity
R8 650.61
R5 884.60
R7 865.20
R7 868.41
Old Mutual
Max Income for Life
R8 688.13
R5 863.90
R7 872.18
R7 897.21
Sanlam
Life Annuity
R8 419.05
R5 693.00
R7 650.32
R7 664.31
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: Quote based on an assumed socio-economic status. Just SA offers optional socio-economic, lifestyle and health underwriting that may result in a higher annuity rate based on a client’s unique circumstances.
Compulsory Annuity Plans - Female born 1-1-1965
Product Provider
Product Name
Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1965
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
R8 381.92
R5 358.22
R8 048.39
R8 065.15
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R6 297.62
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 248.62
R5 346.58
R7 883.05
R7 888.85
Just SA
Lifetime Income 2
R8 469.45
R5 527.15
R8 114.11
R8 064.93
Liberty Life
Life Annuity
R8 205.16
R5 326.80
R7 851.41
R7 850.72
Metropolitan
Life Annuity
R8 461.07
R5 496.90
R8 007.16
R8 030.36
Momentum
Life Annuity
R8 245.14
R5 423.43
R7 865.20
R7 868.41
Old Mutual
Max Income For Life
R8 268.42
R5 342.65
R7 872.18
R7 897.21
Sanlam
Life Annuity
R8 069.17
R5 190.18
R7 650.32
R7 664.31
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: Quote based on an assumed socio-economic status. Just SA offers optional socio-economic, lifestyle and health underwriting that may result in a higher annuity rate based on a client’s unique circumstances.
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
R18 836.74
R2 170.07
R16 666.67
Liberty Life
Annuity Certain
R18 021.25
R1 354.59
R16 666.67
Old Mutual
Max Income for Term
R18 959.26
R2 292.59
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 815.62
5.84%
R1 328 156.21
5.84%
Discovery Invest
Discovery Guaranteed Growth Plan
R124 356.41
4.46%
R1 275 978.75
5%
Just SA
Structured Endowment1
no rates available
0%
R1 309 224.39
5.54%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 275 737.16
4.94%
Momentum
Guaranteed Endowment Option
R123 210.00
4.26%
R1 276 462.00
5%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R123 011.98
4.18%
R1 272 588.96
4.88%
Sanlam
Sanlam Fixed Return
R122 201.63
4.05%
R1 267 373.55
4.8%
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 280.72
6.23%
R1 352 807.20
6.23%
Discovery Invest
Discovery Guaranteed Growth Plan
R126 707.08
4.85%
R1 299 485.43
5.38%
Just SA
Structured Endowment1
no rates available
0%
R1 334 305.36
5.94%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 298 005.78
5.3%
Momentum
Guaranteed Endowment Option
R125 949.00
4.72%
R1 303 845.00
5.45%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R125 243.10
4.55%
R1 295 402.33
5.25%
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 142.57
R419.50
Just SA
Structured Endowment
R4 374.72
R461.30
Liberty Life
Guaranteed Investment Plan with Income
R4 064.59
R344.36
Momentum
Guaranteed Endowment Option and Income
R4 101.71
R505.92
Sanlam
Sanlam Fixed Return with Income
R4 028.41
R495.78
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
