Updated: 19-June-2017 Valid until: 23-June-2017
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Absa | L | 8 | R 136 681.79 | 6.449% | R 1 366 817.92 | 6.449% | |
Assupol | G | 2.35 | 8 ; 11 | R 134 708.63 | 6.140% | R 1 374 595.22 | 6.570% |
Discovery* | G | 3.5 | 8 | R 132 126.69 | 5.730% | R 1 355 691.97 | 6.275% |
Old Mutual Wealth | L | 8 ; 13 | R 131 736.20 | 5.630% | R 1 362 036.95 | 6.330% | |
Clientele life* | G | 2.32 | 8 | R 131 378.78 | 5.610% | R 1 357 908.76 | 6.310% |
Momentum | G | 2.7 | 8 | R 131 162.59 | 5.540% | R 1 358 974.38 | 6.280% |
NEDgroup LIFE* | L | 8 | R 128 756.43 | 5.185% | R 1 356 043.80 | 6.281% | |
Liberty Life |
G |
3.1 | 8 | - | - | R 1 328 933.00 | 5.810% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Assupol | G | 2.35 | 8 ; 11 | R 136 623.16 | 6.440% | R 1 394 052.23 | 6.870% |
Discovery* | G | 3.5 | 8 | R 134 601.44 | 6.123% | R 1 380 439.39 | 6.660% |
Old Mutual Wealth | L | 8 ; 13 | R 134 103.43 | 6.000% | R 1 386 232.53 | 6.700% | |
Momentum | G | 2.7 | 8 | R 134 068.80 | 6.000% | R 1 388 108.50 | 6.730% |
Clientele life* | G | 2.32 | 8 ; 10 | R 133 381.27 | 5.930% | R 1 378 469.13 | 6.630% |
Liberty Life |
G |
3.1 | 8 | - | - | R 1 351 785.00 | 6.170% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) |
Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Paramount Life | R 2 944.68 | R 4 317.98 | R 3 957.34 |
Metropolitan | R 2 918.72 | R 4 271.33 | R 3 822.28 |
Discovery | R 2 738.73 | R 4 120.89 | R 3 757.20 |
Momentum | R 2 728.15 | R 4 209.63 | R 3 860.00 |
Old Mutual | R 2 673.70 | R 4 085.74 | R 3 592.50 |
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 3 068.44 | R 4 368.64 | R 3 973.77 |
Paramount Life (Average Rate) | R 3 523.21 | R 4 819.76 | R 4 387.54 |
Paramount Life (Upper Rate) | R 6 656.58 | R 9 589.92 | R 8 366.34 |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) |
Single Life* 10 C&T |
Joint & Survivor** 10 C&T |
---|---|---|---|
Just Lifetime Income (Low)6 | R 3 158.97 | R 4 445.65 | R 3 966.46 |
Just Lifetime Income (Med)6 | R 3 342.61 | R 4 580.59 | R 4 049.52 |
Just Lifetime Income (High)6 | R 3 601.17 | R 4 762.50 | R 4 182.11 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa | R 1 954.33 | R 287.66 | R 1 666.67 | 14.719% |
Metropolitan | R 1 904.82 | R 238.15 | R 1 666.67 | 12.503% |
Momentum | R 1 897.41 | R 230.74 | R 1 666.67 | 12.161% |
Old Mutual | R 1 895.50 | R 228.83 | R 1 666.67 | 12.072% |
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 524.49 | R 77.20 | R 5 244.90 | R 772.01 | |
Clientele life* | G | 2.35 | 5 ; 9 | R 502.54 | R 69.62 | R 5 183.00 | R 738.30 |
Discovery* | G | 3.5 | 5 ; 6 | R 452.33 | R 21.27 | R 5 001.98 | R 525.14 |
NEDgroup LIFE* | L | 5 | R 429.58 | R 31.05 | R 5 040.87 | R 457.73 | |
Momentum | G | 2.7 | 5 | R 410.73 | R 30.02 | R 5 040.88 | R 655.31 |
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 523.81 | R 75.33 | R 5 395.30 | R 796.70 |
Discovery* | G | 3.5 | 5 ; 6 | R 477.66 | R 24.84 | R 5 251.85 | R 560.44 |
Momentum | G | 2.7 | 5 | R 445.72 | R 38.33 | R 5 384.74 | R 742.02 |
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 : 9FAEC 4F0FE 6BCE5 A0191 |
Metropolitan | Metquote Codes : 0D00F D961E D1BA7 40255 |
Metropolitan | Metquote Codes : 9FACD B2DD2 E57F8 E03A2 |
Momentum | Ann : A-MHCSQEI-D4H7IEZ-FYDBRQ6 |
Momentum | Guar : G-YHDSQ93-J4HOQDB-FKEBBG9 |
Old Mutual | Max Income : LVKZZKJJJJYJJJJJJHHHH3HHLV4HK3HHZ88 |
Old Mutual | Ann : 73TSR P67SG CPERE KB42K |
Old Mutual | Bond : 6ZGUUUUUUUUUUUUUUUUUUUCTUUUUUUUUE8G |