Updated: 02-December-2019 Valid until: 06-December-2019
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In order to understand the difference between guaranteed (G) and
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(L) rates, kindly click
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Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 137,008.67 | 6.500% | 1,376,531.09 | 6.600% | |
1Life | L | 8 | 135,918.66 | 6.330% | 1,364,307.34 | 6.410% | |
Clientele life* | G | 2.43 | 8 | 135,727.02 | 6.300% | 1,363,666.40 | 6.400% |
Absa* | L | 8 | 135,313.03 | 6.235% | 1,353,130.32 | 6.235% | |
Discovery* | G | 3.5 | 8 | 134,727.09 | 6.143% | 1,382,388.77 | 6.691% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 133,784.69 | 5.994% | 1,365,269.20 | 6.425% |
Momentum | L | 2.6 | 8 | 131,671.00 | 5.660% | 1,364,260.00 | 6.410% |
NEDgroup LIFE* | L | 8 | 126,055.80 | 4.740% | 1,290,321.26 | 5.230% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 139,079.42 | 6.820% | 1,397,316.38 | 6.920% | |
1Life | L | 8 | 138,299.97 | 6.700% | 1,385,593.99 | 6.740% | |
Clientele life* | G | 2.43 | 8 | 137,782.29 | 6.620% | 1,384,296.38 | 6.720% |
Discovery* | G | 3.5 | 8 | 137,273.79 | 6.541% | 1,407,855.74 | 7.081% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 135,688.72 | 6.294% | 1,384,620.69 | 6.725% |
Momentum | L | 2.6 | 8 | 134,612.00 | 6.120% | 1,393,794.00 | 6.870% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 3,163.94 | - | - |
Old Mutual | R 3,054.98 | R 4,384.26 | R 3,995.77 |
Metropolitan | R 3,023.26 | R 4,405.55 | R 3,989.21 |
Discovery | R 2,949.22 | R 4,295.54 | R 3,975.04 |
Momentum | R 2,942.21 | R 4,383.70 | R 4,123.38 |
Assupol (secured) | R 2,689.25 | R 4,107.86 | R 3,718.53 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa* | R 1,929.17 | R 262.50 | R 1,666.67 | 13.607% |
Momentum | R 1,882.35 | R 215.68 | R 1,666.67 | 11.458% |
Old Mutual | R 1,859.41 | R 192.74 | R 1,666.67 | 10.366% |
Metropolitan | R 1,835.12 | R 168.45 | R 1,666.67 | 9.179% |
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 480.29 | R 25.92 | R 5,282.53 | R 572.61 |
Clientele life* | G | 2.43 | 5 | R 506.48 | R 70.66 | R 5,143.60 | R 785.40 |
Assupol (annuity) | L | 1.94 | 5 | - | - | R 5,098.17 | R 450.75 |
Momentum | L | 2.60 | 5 | R 411.95 | R 26.53 | R 5,046.65 | R 613.17 |
Absa* | G | 3.50 | 5 | R 503.46 | R 68.51 | R 5,034.62 | R 685.07 |
NEDgroup LIFE* | L | 5 | R 382.61 | R 23.08 | R 4,210.25 | R 295.18 |
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 505.41 | R 29.51 | R 5,530.26 | R 607.98 |
Momentum | L | 2.60 | 5 | R 446.98 | R 34.60 | R 5,388.81 | R 697.85 |
Clientele life* | G | 2.43 | 5 | R 527.74 | R 76.40 | R 5,356.70 | R 785.70 |
Assupol (annuity) | L | 1.94 | 5 | - | - | R 5,304.19 | R 468.97 |
Institute | Annuity code |
---|---|
Metropolitan | Metquote Codes : 90FF0 56B90 9A747 401D2 |
Metropolitan | Metquote Codes : 6E247 40281 2FF4E 80220 |
Metropolitan | Metquote Codes : 32C28 ECB23 EF618 B03D3 |
Momentum | Ann : A-MXCCQEQ-L4FBMGR-PBABRM6 |
Momentum | Guar : G-YHDCQ9T-J4FOQ9R-PKGBBM9 |
Momentum | Db : DB-DCEKD-FBEDH-CMBCL-FCDBC-IIKDB-CDBCD |
Old Mutual | Max Income : YWJREKJZZZ6ZZZZYZYJK66JJHV3KRHHHX6F |