Updated: 13-May-2024 Valid until: 17-May-2024
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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 140 320.73 | 7.010% | R1 407 145.52 | 7.070% | |
Discovery | G | 3.5 | 8 | R 136 928.56 | 6.488% | R1 404 977.40 | 7.037% |
NEDgroup LIFE* | L | 8 | R 131 192.28 | 5.580% | R1 334 442.43 | 5.940% | |
Clientele life* | G | 2.43 | 8 | R 131 316.59 | 5.600% | R1 314 907.75 | 5.628% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
1Life | L | 8 | R 142 763.44 | 7.380% | R1 430 961.27 | 7.430% | |
Discovery | G | 3.5 | 8 | R 139 516.88 | 6.887% | R1 430 860.50 | 7.428% |
Clientele life* | G | 2.43 | 8 | R 133 318.33 | 5.920% | R1 334 946.36 | 5.948% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 4 466.51 | - | - |
Momentum | R 3 676.83 | R 5 171.99 | R 4 858.29 |
Metropolitan* | R 3 660.14 | R 5 138.85 | R 4 737.69 |
Assupol (annuity) | R 3 657.51 | R 5 309.32 | R 4 991.07 |
Discovery | R 3 486.38 | R 5 052.49 | R 4 792.20 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Momentum | R 1 990.92 | R 324.25 | R 1 666.67 | 16.287% |
Metropolitan* | R 1 917.00 | R 250.33 | R 1 666.67 | 13.059% |
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 525.52 | R 52.13 | R 5 756.84 | R 856.67 |
NEDgroup LIFE* | L | 5 | R 448.15 | R 34.47 | R 4 757.03 | R 398.70 | |
Clientele life* | G | 2.43 | 5 | R 465.40 | R 60.15 | R 4 678.55 | R 607.54 |
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 551.38 | R 56.76 | R 6 011.81 | R 902.66 |
Clientele life* | G | 2.43 | 5 | R 486.76 | R 65.52 | R 4 892.04 | R 661.48 |
Institute | Annuity code | Metropolitan | Metquote Codes : 86A13 CC68A 9FB50 F018A | Metropolitan | Metquote Codes : 9CCA4 649D6 D6D7B C029E | Metropolitan* | Metquote Codes : CB746 2B1EF 94E1B 2030A |
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