Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1957
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income Escalation
10 Year Guarantee
Nil Guarantee
Old Mutual
Max Income for Life
R 7,780.12
R 4,863.41
R 6,953.93
R 6,963.52
Sanlam
Life Annuity
R 7,748.28
R 4,321.48
R 6,927.57
R 6,932.57
Liberty Life
Life Annuity
R 7,789.84
R 4,780.67
R 6,957.69
R 6,969.83
Metropolitan Life
Compulsory Life Annuity
R 7,829.33
R 5,024.18
R 7,049.86
R 7,055.16
Momentum
Life Annuity
R 7,853.34
R 4,692.21
R 7,228.14
R 7,232.28
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R 7,605.41
R 4,806.43
R 7,086.29
R 7,089.41
Compulsory Annuity Plans - Female born 1-1-1957
Product Provider
Product Name
Single Life
10 year Guarantee
0% Tax
R1 million
Monthly in arrears
Joint Life
Second Life - 1/1/1957
0% reduction on 1st death
0% Tax
R1 million
Monthly in arrears
Level income
Level Income
5% Income Escalation
10 Year Guarantee
Nil Guarantee
Old Mutual
Max Income For Life
R 7,299.26
R 4,309.24
R 6,953.93
R 6,963.52
Sanlam
Life Annuity
R 7,339.43
R 3,866.64
R 6,927.57
R 6,932.57
Liberty Life
Life Annuity
R 7,316.46
R 4,267.08
R 6,957.69
R 6,969.83
Metropolitan Life
Compulsory Life Annuity
R 7,316.64
R 4,440.26
R 7,049.86
R 7,055.16
Momentum
Life Annuity
R 7,524.43
R 4,245.25
R 7,220.26
R 7,224.36
Discovery Invest
Retirement Income Plan (Fixed Annuity)
R 7,310.63
R 4,470.56
R 7,086.29
R 7,089.41
Voluntary Annuity Plans
Product Provider
Product Name
R 1 million Investment (natural persons)
Monthly annuity income
5 year term certain
0% tax applicable
Gross Income
Taxable Portion
Tax Free Portion
Old Mutual
Max Income for Term
R 19,132.51
R 2,465.84
R 16,666.67
Sanlam
Stratus Guaranteed Income
R 19,103.87
R 2,437.20
R 16,666.67
Liberty Life
Annuity Certain
R 19,101.86
R 2,435.19
R 16,666.67
Metropolitan Life
Term Certain Annuity
R 19,405.78
R 2,738.16
R 16,667.62
Momentum
Term Certain Annuity
R 19,253.04
R 2,586.38
R 16,666.67
Growth Plans
Product Provider
Product Name
Guaranteed return on Investment of R100 000
for a 5 year term for a natural person
FA fees taken = 3.42% incl. VAT
Guaranteed return on Investment of
R1 000 000 for a 5 year term for a natural person
FA fees taken = 3.42% incl. VAT
Rand Amount
%
Rand Amount
%
Old Mutual
Investment Frontiers Capital Portfolio (Fixed Bonds)
R 130,636.31
5.46%
R 1,350,687.85
6.16%
Sanlam
Stratus Guaranteed Return
R 128,918.00
5.18%
R 1,337,033.00
5.95%
Liberty Life
Guaranteed Investment Plan1
R 133,953.31
5.99%
R 1,379,153.81
6.6%
Momentum
Guaranteed Endowment Plan
R 132,132.15
5.7%
R 1,366,221.30
6.4%
1: The rates for the Guaranteed Investment Plan may change during the week. Please refer to Liberty Life for their latest rates.
Income Plans
Product Provider
Product Name
R1 million Investment (natural persons)
Monthly annuity income
Capital Guaranteed
5 year term
0% tax applicable
FA fees taken = 3.42% incl. VAT
Gross Annuity Income
Taxable Portion
Old Mutual
Investment Frontiers Income Portfolio (Fixed Bonds)
R 4,922.08
R 613.46
Sanlam
Stratus Guaranteed Investment
R 4,841.00
R 605.69
Liberty Life
Guaranteed Investment Plan with Income
R 5,166.82
R 351.19
Momentum
Guaranteed Endowment Income Plan
R 5,119.99
R 669.18
Disclaimer
These rates are for information purposes only. Kindly ensure that a quotation is obtained from the relevant Product
Providers and the exact nature and type of the guarantee underpinning the investment are determined before advising a client.
The information contained in this site is compiled in good faith and based on information received directly
from the product companies in respect of their products. Masthead is satisfied that the
companies quoted have a sound reputation and a proven track record in the annuity market.
Masthead believes this information to be reliable, accurate and up to date.
However, Masthead does not make any representations or warranties, express or
implied, as to the accuracy, completeness or suitability of the information.
Masthead does not accept responsibility or liability for any loss, damage or expense
that may be incurred as a direct or indirect consequence of reliance placed on information contained in this site.
