Rates applicable from: 17-Feb-2025 to 21-Feb-2025
Compulsory Annuity Plans - Male 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 659.38 R6 754.45 R8 976.77 R8 995.81
Assupol Life Ultimate Retirement Income 4Life (Rewired)1 no rates
available
R7 874.68 no rates
available
no rates
available
Discovery Invest Retirement Income Plan (Fixed Annuity) R9 335.18 R6 527.12 R8 742.89 R8 748.34
Just SA Lifetime Income 2 R9 427.75 R6 530.92 R8 909.12 R8 848.06
Liberty Life Life Annuity R9 172.18 R6 324.26 R8 655.39 R8 670.11
Metropolitan Life Annuity R9 460.38 R6 522.30 R8 623.82 R8 647.65
Momentum Life Annuity R9 399.42 R6 571.91 R8 778.77 R8 781.25
Old Mutual Max Income for Life R9 451.01 R6 519.73 R8 685.19 R8 712.93
Sanlam Life Annuity R9 310.73 R6 546.70 R8 626.97 R8 640.97
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 276.33 R6 275.54 R8 976.77 R8 995.81
Assupol Life Ultimate Retirement Income 4Life (Rewired)1 no rates
available
R7 337.42 no rates
available
no rates
available
Discovery Invest Retirement Income Plan (Fixed Annuity) R9 022.33 R6 091.30 R8 742.89 R8 748.34
Just SA Lifetime Income 2 R9 151.14 R6 181.32 R8 877.01 R8 816.06
Liberty Life Life Annuity R8 995.69 R6 072.01 R8 655.39 R8 670.11
Metropolitan Life Annuity R9 037.03 R5 993.97 R8 623.82 R8 647.65
Momentum Life Annuity R9 088.02 R6 139.05 R8 778.77 R8 781.25
Old Mutual Max Income For Life R9 061.56 R6 020.56 R8 685.19 R8 712.93
Sanlam Life Annuity R9 010.84 R6 082.87 R8 626.97 R8 640.97
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 286.34 R2 619.67 R16 666.67
Liberty Life Annuity Certain R18 396.34 R1 729.68 R16 666.67
Old Mutual Max Income for Term R19 369.32 R2 702.65 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 570.25 5.96% R13 388 856.94 6.01%
Discovery Invest Discovery Guaranteed Growth Plan R129 488.87 5.3% R1 328 641.22 5.85%
Just SA Structured Endowment1 no rates
available
0% R1 352 704.22 6.23%
Liberty Life Guaranteed Investment Plan 2 no rates
available
0% R1 324 602.74 5.74%
Old Mutual Wealth Old Mutual Wealth Fixed Bond R128 362.01 5.08% R1 327 380.54 5.79%
Sanlam Nimbus Fixed Return R127 754.92 4.99% R1 324 967.69 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 R136 046.53 6.35% R1 363 666.40 6.4%
Discovery Invest Discovery Guaranteed Growth Plan R131 936.55 5.7% R1 353 118.02 6.23%
Just SA Structured Endowment1 no rates
available
0% R1 379 170.41 6.64%
Liberty Life Guaranteed Investment Plan2 no rates
available
0% R1 347 741.63 6.11%
Old Mutual Wealth Old Mutual Wealth Fixed Bond R130 689.73 5.46% R1 351 175.16 6.16%
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 849.55 R618.33
Just SA Structured Endowment R4 952.79 R632.86
Liberty Life Guaranteed Investment Plan with Income R4 673.14 R480.11
Sanlam Nimbus Fixed Return with Income R4 820.91 R706.33

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
Gross Annuity Income Taxable Portion
Discovery Invest Discovery Guaranteed Income Plan R5 114.04 R661.96
Just SA Structured Endowment R5 226.23 R670.73
Liberty Life Guaranteed Income Plan with Income R4 826.69 R544.87
Sanlam Nimbus Fixed Return with Income R5 045.73 R740.00