Updated: 16-September-2019 Valid until: 20-September-2019
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*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 135,727.02 | 6.300% | 1,363,666.40 | 6.400% | |
1Life | L | 8 | 134,708.63 | 6.140% | 1,350,262.18 | 6.190% | |
Clientele life* | G | 2.43 | 8 | 134,454.99 | 6.100% | 1,350,898.08 | 6.200% |
Absa* | L | 8 | 134,033.14 | 6.033% | 1,340,331.35 | 6.033% | |
Assupol (secured) | G | 1.94 | 8 ; 11 | 131,565.48 | 5.640% | 1,342,650.09 | 6.070% |
Discovery* | G | 3.5 | 8 | 128,687.96 | 5.174% | 1,320,423.37 | 5.716% |
NEDgroup LIFE* | L | 8 | 124,677.83 | 4.510% | 1,276,281.56 | 5.000% | |
Momentum | G | 2.7 | 8 | 123,624.00 | 4.330% | 1,280,748.00 | 5.070% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 137,782.29 | 6.620% | 1,384,296.38 | 6.720% | |
1Life | L | 8 | 137,008.67 | 6.500% | 1,373,305.85 | 6.550% | |
Clientele life* | G | 2.43 | 8 | 136,494.85 | 6.420% | 1,371,373.61 | 6.520% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 133,444.24 | 5.940% | 1,361,745.02 | 6.370% |
Discovery* | G | 3.5 | 8 | 131,396.16 | 5.613% | 1,347,575.88 | 6.148% |
Momentum | G | 2.7 | 8 | 126,372.00 | 4.790% | 1,308,223.00 | 5.520% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 3,020.32 | - | - |
Old Mutual | R 2,902.51 | R 4,231.44 | R 3,825.20 |
Metropolitan | R 2,817.25 | R 4,211.95 | R 3,838.34 |
Momentum | R 2,814.88 | R 4,265.14 | R 3,974.53 |
Discovery | R 2,797.68 | R 4,138.83 | R 3,804.52 |
Assupol (secured) | R 2,563.70 | R 3,978.67 | R 3,578.63 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa* | R 1,927.39 | R 260.72 | R 1,666.67 | 13.527% |
Momentum | R 1,874.01 | R 207.34 | R 1,666.67 | 11.064% |
Old Mutual | R 1,848.91 | R 182.24 | R 1,666.67 | 9.857% |
Metropolitan | R 1,831.54 | R 164.87 | R 1,666.67 | 9.002% |
Institution | NatureSecurity | CAR Ratio | Notes | Gross annuity income (R100 000) | Taxable portion (R100 000) | Gross annuity income (R1 000 000) | Taxable portion (R1 000 000) |
---|---|---|---|---|---|---|---|
Clientele life* | G | 2.43 | 5 | R 486.76 | R 65.52 | R 4,946.50 | R 675.60 |
Absa* | G | 3.50 | 5 | R 489.40 | R 66.21 | R 4,893.96 | R 662.03 |
Assupol (annuity) | L | 5 | - | - | R 4,832.94 | R 357.92 | |
Discovery | G | 3.50 | 5 | R 412.78 | R 13.95 | R 4,604.32 | R 449.73 |
Momentum | G | 2.70 | 5 | R 319.92 | R 13.60 | R 4,119.76 | R 480.36 |
NEDgroup LIFE* | L | 5 | R 364.73 | R 20.35 | R 4,029.49 | R 264.08 |
Institution | NatureSecurity | CAR Ratio | Notes | Gross annuity income (R100 000) | Taxable portion (R100 000) | Gross annuity income (R1 000 000) | Taxable portion (R1 000 000) |
---|---|---|---|---|---|---|---|
Clientele life* | G | 2.43 | 5 | R 508.06 | R 71.08 | R 5,159.40 | R 731.90 |
Assupol (annuity) | L | 5 | - | - | R 5,038.67 | R 373.16 | |
Discovery* | G | 3.50 | 5 | R 438.88 | R 17.53 | R 4,861.86 | R 485.04 |
Momentum | G | 2.70 | 5 | R 355.65 | R 20.95 | R 4,469.99 | R 557.86 |
Institute | Annuity code |
---|---|
Metropolitan | Metquote Codes : 7BD8A D1863 64217 001AD |
Metropolitan | Metquote Codes : 04150 05617 E43E6 B029F |
Metropolitan | Metquote Codes : 8B82D B7C8D 1FFC6 00371 |
Momentum | Ann : A-MHCMQE9-N4E7IRB-O4BBRYS |
Momentum | Guar : G-YXDMQ9V-J4FOQ67-OKGBBU9 |
Momentum | Ge : GE-DCEKC-MCIDH-CMBCK-BEKBC-HFHDB-CDBCD |
Old Mutual | Max Income : NLJR4K3YZZZZZZYZYZJKY6JHHVJKQHHHFN8 |