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
R10 824.08
R7 499.61
R10 211.64
R10 233.52
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R9 150.96
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R10 333.98
R7 075.74
R9 803.52
R9 816.22
Just SA
Lifetime Income 2
R10 387.36
R7 411.71
R9 928.52
R9 886.59
Liberty Life
Life Annuity
R9 886.29
R6 980.72
R9 397.30
R9 405.03
Metropolitan
Life Annuity
R10 567.40
R7 586.83
R9 806.63
R9 835.29
Momentum
Life Annuity
R10 246.10
R7 335.60
R9 678.13
R9 679.76
Old Mutual
Max Income for Life
R10 349.94
R7 453.30
R9 658.68
R9 689.69
Sanlam
Life Annuity
R10 147.44
R7 357.42
R9 500.67
R9 516.66
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
R10 481.83
R7 070.63
R10 211.64
R10 233.52
Assupol Life
Ultimate Retirement Income 4Life (Rewired)1
no rates available
R8 650.22
no rates available
no rates available
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R10 076.38
R6 531.24
R9 803.52
R9 816.22
Just SA
Lifetime Income 2
R10 168.96
R7 105.28
R9 928.52
R9 886.59
Liberty Life
Life Annuity
R9 652.58
R6 651.94
R9 397.30
R9 405.03
Metropolitan
Life Annuity
R10 097.11
R6 983.59
R9 806.63
R9 835.29
Momentum
Life Annuity
R9 949.75
R6 874.60
R9 678.13
R9 679.76
Old Mutual
Max Income For Life
R10 003.34
R6 993.24
R9 658.68
R9 689.69
Sanlam
Life Annuity
R9 876.54
R6 894.58
R9 500.67
R9 516.66
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 753.14
R3 086.74
R16 666.00
Liberty Life
Annuity Certain
R18 525.33
R1 858.67
R16 666.67
Metropolitan
Term Certain
R20 048.39
R3 381.72
R16 666.67
Momentum
Term Certain Annuity
R19 857.49
R3 190.83
R16 666.67
Old Mutual
Max Income for Term
R19 776.10
R3 109.43
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
R141 769.08
7.23%
R1 420 999.17
7.28%
Discovery Invest
Discovery Guaranteed Growth Plan
R135 082.65
6.2%
R1 386 037.09
6.75%
Just SA
Structured Endowment1
no rates available
0%
R1 419 555.81
7.26%
Liberty Life
Guaranteed Investment Plan 2
no rates available
0%
R1 387 172.63
6.7%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R134 430.99
6.04%
R1 389 822.36
6.74%
Sanlam
Nimbus Fixed Return
R133 692.47
5.93%
R1 386 546.98
6.7%
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
R144 164.90
7.59%
R1 445 673.34
7.65%
Discovery Invest
Discovery Guaranteed Growth Plan
R137 636.08
6.6%
R1 411 571.29
7.14%
Just SA
Structured Endowment1
no rates available
0%
R1 447 653.29
7.68%
Liberty Life
Guaranteed Investment Plan2
no rates available
0%
R1 411 377.95
7.7%
Old Mutual Wealth
Old Mutual Wealth Fixed Bond
R136 868.52
6.42%
R1 414 735.75
7.12%
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
R5 579.15
R838.08
Just SA
Structured Endowment
R5 761.49
R864.74
Liberty Life
Guaranteed Investment Plan with Income
R5 210.34
R582.87
Sanlam
Nimbus Fixed Return with Income
R5 606.08
R935.73
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
