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 859.11
R6 986.71
R9 208.22
R9 227.99
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R8 134.11
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R9 557.65
R6 727.38
R8 925.51
R8 931.31
Just SA
Lifetime Income 2
R9 596.73
R6 730.78
R9 050.62
R8 989.80
Liberty Life
Life Annuity
R9 288.42
R6 470.62
R8 794.99
R8 807.24
Metropolitan
Life Annuity
R9 515.66
R6 587.56
R8 687.49
R8 711.69
Momentum
Life Annuity
R9 459.94
R6 666.38
R8 888.29
R8 890.80
Old Mutual
Max Income for Life
R9 544.93
R6 692.63
R8 803.53
R8 831.89
Sanlam
Life Annuity
R9 409.70
R6 675.66
R8 747.93
R8 761.93
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 1-1-1965
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
R9 494.12
R6 524.91
R9 208.22
R9 227.99
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R7 617.51
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R9 197.59
R6 278.15
R8 925.51
R8 931.31
Just SA
Lifetime Income 2
R9 316.20
R6 347.26
R9 018.00
R8 957.28
Liberty Life
Life Annuity
R9 118.76
R6 226.29
R8 794.99
R8 807.24
Metropolitan
Life Annuity
R9 087.68
R6 054.44
R8 687.49
R8 711.69
Momentum
Life Annuity
R9 179.83
R6 236.89
R8 888.29
R8 890.80
Old Mutual
Max Income For Life
R9 168.87
R6 208.16
R8 803.53
R8 831.89
Sanlam
Life Annuity
R9 124.80
R6 224.82
R8 747.93
R8 761.93
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 256.37
R2 589.70
R16 666.67
Liberty Life
Annuity Certain
R18 375.82
R1 709.15
R16 666.67
Old Mutual
Max Income for Term
R19 327.91
R2 661.24
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 192.51
5.9%
R1 335 072.36
5.95%
Discovery Invest
Discovery Guaranteed Growth Plan
R128 579.87
5.16%
R1 319 314.30
5.7%
Just SA
Structured Endowment1
no rates available
0%
R1 347 749.76
6.15%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 321 533.39
5.73%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R127 961.67
5.05%
R1 322 987.68
5.75%
Sanlam
Nimbus Fixed Return
R126 910.51
4.88%
R1 316 210.17
5.65%
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 663.19
6.29%
R1 359 186.55
6.33%
Discovery Invest
Discovery Guaranteed Growth Plan
R131 010.38
5.55%
R1 343 619.28
6.09%
Just SA
Structured Endowment1
no rates available
0%
R1 374 176.64
6.56%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 344 661.37
6.1%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R130 281.93
5.43%
R1 346 703.10
6.13%
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 744.90
R600.72
Just SA
Structured Endowment
R4 892.60
R617.72
Liberty Life
Guaranteed Investment Plan with Income
R4 648.04
R481.37
Sanlam
Nimbus Fixed Return with Income
R4 752.15
R695.13
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
