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Updated: 07-October-2019 Valid until: 11-October-2019
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 | 134,772.10 | 6.150% | 1,354,081.15 | 6.250% | |
1Life | L | 8 | 134,012.04 | 6.030% | 1,343,283.11 | 6.080% | |
Clientele life* | G | 2.43 | 8 | 133,507.24 | 5.950% | 1,341,384.75 | 6.050% |
Absa* | L | 8 | 133,299.02 | 5.917% | 1,332,990.16 | 5.917% | |
Assupol (secured) | G | 1.94 | 8 ; 11 | 131,198.50 | 5.581% | 1,338,920.08 | 6.011% |
Discovery* | G | 3.5 | 8 | 130,737.25 | 5.507% | 1,341,450.33 | 6.051% |
Momentum | G | 2.7 | 8 | 124,167.00 | 4.420% | 1,286,266.00 | 5.160% |
NEDgroup LIFE* | L | 8 | 124,141.92 | 4.420% | 1,270,821.15 | 4.910% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 136,815.81 | 6.470% | 1,374,595.22 | 6.570% | |
1Life | L | 8 | 136,302.57 | 6.390% | 1,366,231.61 | 6.440% | |
Clientele life* | G | 2.43 | 8 | 135,535.61 | 6.270% | 1,361,745.02 | 6.370% |
Discovery* | G | 3.5 | 8 | 133,208.53 | 5.903% | 1,366,163.20 | 6.439% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 133,073.07 | 5.881% | 1,357,972.63 | 6.311% |
Momentum | G | 2.7 | 8 | 126,928.00 | 4.880% | 1,313,998.00 | 5.610% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 3,032.92 | - | - |
Old Mutual | R 2,946.74 | R 4,279.43 | R 3,875.96 |
Metropolitan | R 2,865.96 | R 4,261.39 | R 3,889.46 |
Discovery | R 2,849.10 | R 4,212.57 | R 3,873.77 |
Momentum | R 2,827.55 | R 4,289.95 | R 3,985.93 |
Assupol (secured) | R 2,574.75 | R 3,989.19 | R 3,590.27 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa* | R 1,916.11 | R 249.44 | R 1,666.67 | 13.018% |
Momentum | R 1,874.22 | R 207.55 | R 1,666.67 | 11.074% |
Old Mutual | R 1,855.09 | R 188.42 | R 1,666.67 | 10.157% |
Metropolitan | R 1,839.04 | R 172.37 | R 1,666.67 | 9.373% |
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) |
---|---|---|---|---|---|---|---|
Discovery | G | 3.50 | 5 | R 436.78 | R 18.53 | R 4,845.95 | R 497.16 |
Clientele life* | G | 2.43 | 5 | R 474.90 | R 62.51 | R 4,828.00 | R 645.10 |
Assupol (annuity) | L | 5 | - | - | R 4,800.92 | R 359.59 | |
Absa* | G | 3.50 | 5 | R 478.66 | R 62.32 | R 4,786.59 | R 623.14 |
Momentum | G | 2.70 | 5 | R 326.29 | R 14.42 | R 4,184.55 | R 489.17 |
NEDgroup LIFE* | L | 5 | R 357.66 | R 19.30 | R 3,959.40 | R 252.33 |
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) |
---|---|---|---|---|---|---|---|
Discovery* | G | 3.50 | 5 | R 462.57 | R 22.14 | R 5,100.36 | R 532.80 |
Clientele life* | G | 2.43 | 5 | R 496.23 | R 67.97 | R 5,041.20 | R 700.40 |
Assupol (annuity) | L | 5 | - | - | R 5,007.40 | R 375.05 | |
Momentum | G | 2.70 | 5 | R 362.13 | R 21.87 | R 4,534.38 | R 567.25 |
Institute | Annuity code |
---|---|
Metropolitan | Metquote Codes : 31134 70D38 79DBB C01E0 |
Metropolitan | Metquote Codes : 066BE 2D6F4 EDB4D 9022F |
Metropolitan | Metquote Codes : 17074 8C414 40844 D0317 |
Momentum | Ann : A-MXDSQEU-64H7OTB-OKABRER |
Momentum | Guar : G-YXDSQ9U-J4FOQHB-OKHBBU9 |
Momentum | Ge : GE-DCEKD-DBJDH-CLBCK-CEFBC-HGHDB-CDBCD |
Old Mutual | Max Income : TRJR43HYZZZZYZZYZYYLYAJHHEKY6NHHMF6 |