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
R9 286.21
R6 469.71
R8 622.35
R8 640.94
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R7 553.01
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 983.61
R6 248.44
R8 367.78
R8 373.84
Just SA
Lifetime Income 2
R9 152.54
R6 353.62
R8 564.72
R8 513.00
Liberty Life
Life Annuity
R8 790.17
R6 019.43
R8 287.74
R8 290.90
Metropolitan
Life Annuity
R9 111.57
R6 303.74
R8 296.69
R8 320.51
Momentum
Life Annuity
R9 072.45
R6 318.70
R8 396.06
R8 399.52
Old Mutual
Max Income for Life
R9 093.55
R6 303.35
R8 348.46
R8 375.60
Sanlam
Life Annuity
R8 848.90
R6 172.83
R8 155.14
R8 170.13
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 913.07
R6 011.13
R8 622.35
R8 640.94
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R7 037.15
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R8 701.41
R5 838.95
R8 367.78
R8 373.84
Just SA
Lifetime Income 2
R8 856.96
R5 972.38
R8 533.74
R8 482.10
Liberty Life
Life Annuity
R8 613.41
R5 768.89
R8 287.74
R8 290.90
Metropolitan
Life Annuity
R8 690.07
R5 782.71
R8 296.69
R8 320.51
Momentum
Life Annuity
R8 739.94
R5 859.40
R8 396.06
R8 399.52
Old Mutual
Max Income For Life
R8 714.69
R5 825.63
R8 348.46
R8 375.60
Sanlam
Life Annuity
R8 543.00
R5 710.00
R8 155.14
R8 170.13
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 883.34
R2 216.67
R16 666.67
Liberty Life
Annuity Certain
R18 065.42
R1 398.75
R16 666.67
Old Mutual
Max Income for Term
R19 059.83
R2 393.16
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
R133 225.41
5.91%
R1 332 554.07
5.91%
Discovery Invest
Discovery Guaranteed Growth Plan
R124 385.64
4.46%
R1 276 278.65
5%
Just SA
Structured Endowment1
no rates available
0%
R1 303 816.69
5.45%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 275 997.05
4.94%
Momentum
Guaranteed Endowment Option
R123 920.00
4.38%
R1 283 817.00
5.12%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R123 777.19
4.32%
R1 280 353.42
5.02%
Sanlam
Sanlam Fixed Return
R123 571.15
4.29%
R1 281 577.06
5.05%
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 727.02
6.3%
R1 357 270.23
6.3%
Discovery Invest
Discovery Guaranteed Growth Plan
R126 736.86
4.85%
R1 299 790.85
5.38%
Just SA
Structured Endowment1
no rates available
0%
R1 329 121.96
5.86%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 298 297.43
5.32%
Momentum
Guaranteed Endowment Option
R126 674.00
4.84%
R1 311 482.00
5.57%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R126 022.07
4.69%
R1 303 305.72
5.39%
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 167.10
R441.02
Just SA
Structured Endowment
R4 326.16
R465.47
Liberty Life
Guaranteed Investment Plan with Income
R4 084.84
R355.34
Momentum
Guaranteed Endowment Option and Income
R4 188.63
R517.96
Sanlam
Sanlam Fixed Return with Income
R4 240.02
R550.98
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
