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Updated: 16-March-2020 Valid until: 20-March-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 | 137,330.59 | 6.550% | 1,379,762.38 | 6.650% | |
Clientele life* | G | 2.43 | 8 | 136,366.64 | 6.400% | 1,370,086.66 | 6.500% |
Absa* | L | 8 | 136,320.66 | 6.393% | 1,363,206.63 | 6.393% | |
1Life | L | 8 | 136,174.50 | 6.370% | 1,364,948.52 | 6.420% | |
Discovery* | G | 3.5 | 8 | 134,876.71 | 6.166% | 1,383,923.95 | 6.714% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 132,897.21 | 5.853% | 1,356,249.07 | 6.284% |
Momentum | L | 2.6 | 8 | 128,088.00 | 5.080% | 1,327,009.00 | 5.820% |
NEDgroup LIFE* | L | 8 | 124,677.83 | 4.510% | 1,276,281.56 | 5.000% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
Clientele life* | L | 8 | 139,405.22 | 6.870% | 1,400,586.64 | 6.970% | |
1Life | L | 8 | 138,559.40 | 6.740% | 1,388,192.14 | 6.780% | |
Clientele life* | G | 2.43 | 8 | 138,429.64 | 6.720% | 1,390,794.19 | 6.820% |
Discovery* | G | 3.5 | 8 | 137,426.23 | 6.565% | 1,409,419.23 | 7.105% |
Assupol (secured) | G | 1.94 | 8 ; 11 | 134,791.14 | 6.153% | 1,377,758.26 | 6.619% |
Momentum | L | 2.6 | 8 | 130,936.00 | 5.540% | 1,355,613.00 | 6.270% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 3,260.58 | - | - |
Old Mutual | R 3,241.91 | R 4,547.22 | R 4,193.33 |
Momentum | R 3,182.88 | R 4,608.73 | R 4,352.72 |
Metropolitan | R 3,076.39 | R 4,457.32 | R 4,062.35 |
Discovery | R 2,945.45 | R 4,240.72 | R 3,969.62 |
Assupol Life | R 2,775.36 | R 4,142.56 | R 3,786.15 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa* | R 1,928.63 | R 261.96 | R 1,666.67 | 13.583% |
Momentum | R 1,861.67 | R 195.00 | R 1,666.67 | 10.475% |
Old Mutual | R 1,823.06 | R 156.39 | R 1,666.67 | 8.579% |
Metropolitan | R 1,815.99 | R 149.32 | R 1,666.67 | 8.223% |
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 474.05 | R 18.37 | R 5,212.40 | R 489.36 |
Clientele life* | G | 2.43 | 5 | R 506.48 | R 70.66 | R 5,143.63 | R 727.67 |
Absa* | G | 3.50 | 5 | R 513.85 | R 69.79 | R 5,138.54 | R 697.95 |
Assupol (annuity) | L | 1.94 | 5 | - | - | R 4,961.45 | R 415.96 |
Momentum | L | 2.60 | 5 | R 368.76 | R 17.44 | R 4,605.46 | R 514.43 |
NEDgroup LIFE* | L | 5 | R 364.58 | R 20.30 | R 4,027.59 | R 263.70 |
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 498.74 | R 21.55 | R 5,455.87 | R 520.70 |
Clientele life* | G | 2.43 | 5 | R 527.74 | R 76.40 | R 5,356.04 | R 785.75 |
Assupol (annuity) | L | 1.94 | 5 | - | - | R 5,168.17 | R 433.29 |
Momentum | L | 2.60 | 5 | R 403.85 | R 24.92 | R 4,948.68 | R 592.85 |
Institute | Annuity code |
---|---|
Metropolitan | Metquote Codes : 9F9C2 268B4 F0E99 80145 |
Metropolitan | Metquote Codes : 7475B 785AB 19865 00252 |
Metropolitan | Metquote Codes : 8E003 0DE9C E472E 8035D |
Momentum | Ann : A-MHDYQEQ-L4FRIDW-QHABRS4 |
Momentum | Guar : G-YHDYQ9A-J4EOQSJ-QKGBB49 |
Momentum | Db : DB-DCFBC-GCIDH-CLBCK-KCDBC-IDCDB-CDBCD |
Old Mutual | Max Income : NTSLZLY99T56AZZAYJYYYJJJ3VY65NHJJQD |