Updated: 03-June-2024 Valid until: 07-June-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 140 583.18 | 7.050% | R1 409 775.95 | 7.110% | |
Discovery | G | 3.5 | 8 | R 136 028.22 | 6.347% | R1 395 739.23 | 6.896% |
NEDgroup LIFE* | L | 8 | R 131 378.78 | 5.610% | R1 336 332.93 | 5.970% | |
Clientele life* | G | 2.43 | 8 | R 132 564.84 | 5.800% | R1 327 403.45 | 5.828% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
1Life | L | 8 | R 142 962.98 | 7.410% | R1 433 627.24 | 7.470% | |
Discovery | G | 3.5 | 8 | R 138 599.52 | 6.746% | R1 421 452.16 | 7.287% |
Clientele life* | G | 2.43 | 8 | R 134 581.76 | 6.120% | R1 347 594.03 | 6.148% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Metropolitan* | R 3 605.73 | R 5 086.38 | R 4 684.60 |
Assupol Life (rewired) | R 4 491.24 | - | - |
Assupol (annuity) | R 3 678.45 | R 5 341.13 | R 5 020.53 |
Momentum | R 3 658.44 | R 5 155.40 | R 4 838.41 |
Discovery | R 3 517.86 | R 4 981.66 | R 4 746.27 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Momentum | R 1 995.53 | R 328.86 | R 1 666.67 | 16.480% |
Metropolitan* | R 1 917.42 | R 250.75 | R 1 666.67 | 13.078% |
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 516.60 | R 50.91 | R 5 668.03 | R 844.92 |
Clientele life* | G | 2.43 | 5 | R 482.01 | R 64.31 | R 4 843.85 | R 649.12 |
NEDgroup LIFE* | L | 5 | R 450.28 | R 34.90 | R 4 782.93 | R 403.98 |
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 542.64 | R 55.62 | R 5 924.90 | R 891.44 |
Clientele life* | G | 2.43 | 5 | R 503.33 | R 69.83 | R 5 056.95 | R 704.55 |
Institute | Annuity code | Metropolitan | Metquote Codes : E6CE7 48E46 27F52 C013E | Metropolitan | Metquote Codes : 5C698 C3D6A 30277 E02B7 | Metropolitan* | Metquote Codes : 2D75B 99EAC 79EF1 803E6 |
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