Updated: 12-June-2017 Valid until: 16-June-2017
This information is supplied as part of our commitment to support and strengthen
independent financial advisors. The information contained below is part of our
growing product research offering.
In order to understand the difference between guaranteed (G) and
linked
(L) rates, kindly click
here for a detailed explanation.
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Absa | L | 8 | R 136 884.91 | 6.481% | R 1 368 849.14 | 6.481% | |
Assupol | G | 2.35 | 8 ; 11 | R 135 663.19 | 6.290% | R 1 384 296.38 | 6.720% |
Old Mutual Wealth | L | 8 ; 13 | R 132 331.41 | 5.700% | R 1 368 334.62 | 6.400% | |
Discovery* | G | 3.5 | 8 | R 132 286.30 | 5.756% | R 1 357 329.54 | 6.301% |
Clientele life* | G | 2.32 | 8 | R 131 814.75 | 5.680% | R 1 362 385.24 | 6.380% |
Momentum | G | 2.7 | 8 | R 131 589.97 | 5.680% | R 1 363 341.71 | 6.430% |
NEDgroup LIFE* | L | 8 | R 128 433.63 | 5.132% | R 1 353 005.25 | 6.233% | |
Liberty Life |
G |
3.1 | 8 | - | - | R 1 336 186.00 | 5.900% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Assupol | G | 2.35 | 8 ; 11 | R 137 588.56 | 6.590% | R 1 403 863.02 | 7.020% |
Discovery* | G | 3.5 | 8 | R 134 764.03 | 6.149% | R 1 382 106.85 | 6.686% |
Old Mutual Wealth | L | 8 ; 13 | R 134 709.44 | 6.070% | R 1 392 642.32 | 6.770% | |
Momentum | G | 2.7 | 8 | R 134 500.96 | 6.150% | R 1 392 523.96 | 6.890% |
Clientele life* | G | 2.32 | 8 ; 10 | R 133 822.56 | 6.000% | R 1 382 999.74 | 6.700% |
Liberty Life |
G |
3.1 | 8 | - | - | R 1 359 134.00 | 6.260% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) |
Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Paramount Life | R 2 966.87 | R 4 339.47 | R 3 981.48 |
Metropolitan | R 2 916.06 | R 4 262.36 | R 3 816.13 |
Discovery | R 2 762.09 | R 4 120.12 | R 3 790.92 |
Momentum | R 2 740.11 | R 4 217.25 | R 3 870.57 |
Old Mutual | R 2 698.77 | R 4 113.73 | R 3 621.84 |
Underwritten with Estate Protect
Institution | Escalating with 10 yr C&T equivalent Estate Protect® * |
Single Life* with 10 yr C&T equivalent Estate Protect® * |
Joint & Survivor with 10 yr C&T equivalent Estate Protect® * |
---|---|---|---|
Paramount Life (Lower Rate) | R 3 091.57 | R 4 390.38 | R 3 998.02 |
Paramount Life (Average Rate) | R 3 549.77 | R 4 843.75 | R 4 414.31 |
Paramount Life (Upper Rate) | R 6 706.75 | R 9 637.65 | R 8 417.38 |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) |
Single Life* 10 C&T |
Joint & Survivor** 10 C&T |
---|---|---|---|
Just Lifetime Income (Low)6 | R 3 182.28 | R 4 464.39 | R 3 991.74 |
Just Lifetime Income (Med)6 | R 3 361.60 | R 4 596.58 | R 4 071.49 |
Just Lifetime Income (High)6 | R 3 615.27 | R 4 775.20 | R 4 199.76 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa | R 1 945.01 | R 278.34 | R 1 666.67 | 14.311% |
Metropolitan | R 1 904.82 | R 238.15 | R 1 666.67 | 12.503% |
Old Mutual | R 1 899.04 | R 232.37 | R 1 666.67 | 12.236% |
Momentum | R 1 891.10 | R 224.43 | R 1 666.67 | 11.868% |
Institution | NatureSecurity | CARRatio | Notes | Gross annuity income (R100 000) | Taxable portion (R100 000) | Gross annuity income (R1 000 000) | Taxable portion (R1 000 000) |
---|---|---|---|---|---|---|---|
Absa | L | 5 | R 524.10 | R 75.00 | R 5 241.01 | R 750.02 | |
Clientele life* | G | 2.35 | 5 ; 9 | R 512.79 | R 72.34 | R 5 285.30 | R 766.20 |
Discovery* | G | 3.5 | 5 ; 6 | R 454.46 | R 21.94 | R 5 023.73 | R 532.32 |
NEDgroup LIFE* | L | 5 | R 425.64 | R 30.35 | R 5 002.17 | R 449.53 | |
Momentum | G | 2.7 | 5 | R 413.95 | R 29.18 | R 5 069.62 | R 644.35 |
Institution | NatureSecurity | CARRatio | Notes | Gross annuity income (R100 000) | Taxable portion (R100 000) | Gross annuity income (R1 000 000) | Taxable portion (R1 000 000) |
---|---|---|---|---|---|---|---|
Clientele life* | G | 2.35 | 5 ; 9 | R 534.03 | R 78.14 | R 5 497.40 | R 825.50 |
Discovery* | G | 3.5 | 5 ; 6 | R 479.79 | R 25.54 | R 5 273.53 | R 567.82 |
Momentum | G | 2.7 | 5 | R 448.74 | R 37.42 | R 5 411.55 | R 731.10 |
Initial annual Guaranteed Minimum Income percentage | Age Next | |||
---|---|---|---|---|
56 - 60 | 61 - 65 | 66 - 70 | 71 and older | |
Male investors - starting annual guarantee | 3.25%
per year | 3.50% per year | 3.75% per year | 4.25% per year |
Female investors - starting annual guarantee |
3.00% per year | 3.25% per year | 3.50% per year | 4.00% per year |
Institute | Annuity code |
---|---|
Metropolitan | Metquote Codes : F8675 FA721 93831 1011B |
Metropolitan | Metquote Codes : AEA31 AB81A F1446 60235 |
Metropolitan | Metquote Codes : AFCFD E1679 DEC95 503B7 |
Momentum | Ann : A-MHCQQEG-T4E7KGF-FUCBRIT |
Momentum | Guar : G-YHDQQ9O-J4GOQVR-FKFBBG9 |
Old Mutual | Max Income : VVKZZ3JJJJYJJJJJHJHH3HHHLEWNK3HJ3EH |
Old Mutual | Ann : WUB3U 7CKJN 6MY2Y 4TDRR |
Old Mutual | Bond : ZZGUUUUUUUUUUUUUUUUUUUCNUUUUUUUUTHZ |