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Updated: 27-January-2020 Valid until: 31-January-2020
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 | 134,454.99 | 6.100% | 1,350,898.08 | 6.200% | |
1Life | L | 8 | 133,822.56 | 6.000% | 1,341,384.75 | 6.050% | |
Clientele life* | G | 2.43 | 8 | 133,507.24 | 5.950% | 1,341,384.75 | 6.050% |
Absa* | L | 8 | 133,099.22 | 5.885% | 1,330,992.18 | 5.885% | |
Discovery* | G | 3.5 | 8 | 132,326.59 | 5.762% | 1,357,758.05 | 6.308% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 131,677.61 | 5.658% | 1,343,789.71 | 6.088% |
Momentum | L | 2.6 | 8 | 129,310.00 | 5.280% | 1,339,801.00 | 6.020% |
NEDgroup LIFE* | L | 8 | 123,489.41 | 4.310% | 1,264,172.72 | 4.800% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 136,494.85 | 6.420% | 1,371,373.61 | 6.520% | |
1Life | L | 8 | 136,110.50 | 6.360% | 1,364,307.34 | 6.410% | |
Clientele life* | G | 2.43 | 8 | 135,535.61 | 6.270% | 1,361,745.02 | 6.370% |
Discovery* | G | 3.5 | 8 | 134,827.92 | 6.159% | 1,382,771.30 | 6.696% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 133,557.65 | 5.958% | 1,362,897.59 | 6.388% |
Momentum | L | 2.6 | 8 | 132,198.00 | 5.740% | 1,368,678.00 | 6.480% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 3,081.50 | - | - |
Old Mutual | R 3,014.23 | R 4,328.98 | R 3,945.98 |
Metropolitan | R 2,951.51 | R 4,345.17 | R 3,925.65 |
Momentum | R 2,949.01 | R 4,374.29 | R 4,073.03 |
Discovery | R 2,844.54 | R 4,158.98 | R 3,866.74 |
Assupol Life | R 2,617.53 | R 4,010.12 | R 3,626.42 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa* | R 1,924.41 | R 257.74 | R 1,666.67 | 13.393% |
Momentum | R 1,868.51 | R 201.84 | R 1,666.67 | 10.802% |
Old Mutual | R 1,839.92 | R 173.25 | R 1,666.67 | 9.416% |
Metropolitan | R 1,819.31 | R 152.64 | R 1,666.67 | 8.390% |
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 450.99 | R 18.08 | R 5,984.98 | R 489.73 |
Clientele life* | G | 2.43 | 5 | R 487.85 | R 63.51 | R 4,867.60 | R 714.10 |
Assupol (annuity) | L | 1.94 | 5 | - | - | R 4,808.42 | R 381.24 |
Absa* | G | 3.50 | 5 | R 478.56 | R 64.09 | R 4,785.63 | R 640.95 |
Momentum | L | 2.60 | 5 | R 383.68 | R 20.45 | R 4,757.19 | R 547.08 |
NEDgroup LIFE* | L | 5 | R 348.95 | R 7.22 | R 3,870.58 | R 95.19 |
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 476.31 | R 21.49 | R 5,234.80 | R 523.37 |
Momentum | L | 2.60 | 5 | R 418.75 | R 28.14 | R 5,100.05 | R 627.82 |
Clientele life* | G | 2.43 | 5 | R 500.18 | R 70.04 | R 5,080.60 | R 710.80 |
Assupol (annuity) | L | 1.94 | 5 | - | - | R 5,016.13 | R 397.71 |
Institute | Annuity code |
---|---|
Metropolitan | Metquote Codes : 7D575 1C43D ED459 301FA |
Metropolitan | Metquote Codes : 5ADDE 04811 D95BC A0219 |
Metropolitan | Metquote Codes : D109C 502AE DA668 C032F |
Momentum | Ann : A-MHDKQEW-N4F7J27-QWABRUS |
Momentum | Guar : G-YXDKQ9B-J4EOQRB-QKFBBU9 |
Momentum | Db : DB-DCFBC-EDJDH-CLBCL-BCDBC-IFCDB-CDBCD |
Old Mutual | Max Income : UZSLEL3Z6666Z6ZYZZJL5ZJHH7JZ6NHJCA9 |