Updated: 27-November-2023 Valid until: 01-December-2023
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Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
1Life | L | 8 | R 137 911.56 | 6.640% | R1 382 351.78 | 6.690% | |
Discovery | G | 3.5 | 8 | R 131 670.65 | 5.657% | R1 351 027.70 | 6.202% |
Momentum | L | 2.6 | 8 | R 129 925.00 | 5.380% | R1 346 169.00 | 6.130% |
NEDgroup LIFE* | L | 8 | R 129 461.86 | 5.300% | R1 316 277.65 | 5.650% | |
Clientele life* | G | 2.43 | 8 | R 130 634.07 | 5.490% | R1 308 199.30 | 5.520% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
1Life | L | 8 | R 140 255.17 | 7.000% | R1 405 831.78 | 7.050% | |
Discovery | G | 3.5 | 8 | R 134 159.58 | 6.053% | R1 375 916.99 | 6.590% |
Momentum | L | 2.6 | 8 | R 132 826.00 | 5.840% | R1 375 183.00 | 6.580% |
Clientele life* | G | 2.43 | 8 | R 132 627.50 | 5.810% | R1 328 156.21 | 5.840% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 4 315.57 | - | - |
Metropolitan* | R 3 536.90 | R 4 999.04 | R 4 588.08 |
Momentum | R 3 533.92 | R 5 007.30 | R 4 681.47 |
Assupol (annuity) | R 3 528.86 | R 5 166.72 | R 4 842.45 |
Discovery | R 3 475.76 | R 4 902.47 | R 4 588.18 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Absa* | R 1 981.50 | R 314.83 | R 1 666.67 | 15.889% |
Momentum | R 1 975.75 | R 309.08 | R 1 666.67 | 15.644% |
Metropolitan* | R 1 894.30 | R 227.63 | R 1 666.67 | 12.017% |
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 | 3.5 | 5 | R 464.31 | R 37.41 | R 5 139.91 | R 704.68 |
Momentum | L | 2.6 | 5 | - | - | R 5 008.85 | R 739.81 |
NEDgroup LIFE* | L | 5 | R 426.11 | R 30.43 | R 4 532.32 | R 354.40 | |
Clientele life* | G | 2.43 | 5 | R 446.38 | R 55.54 | R 4 487.57 | R 561.06 |
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 | 3.5 | 5 | R 490.92 | R 42.00 | R 5 402.41 | R 749.94 |
Momentum | L | 2.6 | 5 | - | - | R 5 363.94 | R 834.09 |
Clientele life* | G | 2.43 | 5 | R 467.78 | R 60.73 | R 4 701.50 | R 613.24 |
Institute | Annuity code | Metropolitan | Metquote Codes : 6E4C8 E5E67 10319 80107 | Metropolitan | Metquote Codes : E97A7 7E84B 7313B 102B3 | Metropolitan | Metquote Codes : FE83B F1FD4 502F3 C03CC |
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