Updated: 19-February-2024 Valid until: 23-February-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 139 470.46 | 6.880% | R1 398 623.75 | 6.940% | |
Momentum | L | 2.6 | 8 | R 131 423.00 | 5.620% | R1 361 683.00 | 6.370% |
Discovery | G | 3.5 | 8 | R 131 799.18 | 5.678% | R1 352 346.53 | 6.223% |
NEDgroup LIFE* | L | 8 | R 129 216.16 | 5.260% | R1 314 409.88 | 5.620% | |
Clientele life* | G | 2.43 | 8 | R 130 448.42 | 5.460% | R1 306 526.48 | 5.493% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
1Life | L | 8 | R 141 901.34 | 7.250% | R1 422 324.23 | 7.300% | |
Momentum | L | 2.6 | 8 | R 134 357.00 | 6.080% | R1 391 161.00 | 6.830% |
Discovery | G | 3.5 | 8 | R 134 290.54 | 6.074% | R1 377 260.05 | 6.611% |
Clientele life* | G | 2.43 | 8 | R 132 439.59 | 5.780% | R1 326 462.99 | 5.813% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 4 359.87 | - | - |
Momentum | R 3 636.29 | R 5 081.99 | R 4 755.58 |
Metropolitan* | R 3 601.43 | R 5 045.45 | R 4 654.91 |
Assupol (annuity) | R 3 566.80 | R 5 188.34 | R 4 875.28 |
Discovery | R 3 470.26 | R 4 968.56 | R 4 688.13 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Momentum | R 1 980.11 | R 313.44 | R 1 666.67 | 15.830% |
Metropolitan* | R 1 895.14 | R 228.47 | R 1 666.67 | 12.056% |
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) |
---|---|---|---|---|---|---|---|
Momentum | L | 2.6 | 5 | - | - | R 5 186.99 | R 776.49 |
Discovery* | G | 3.5 | 5 | R 465.70 | R 37.62 | R 5 153.73 | R 706.70 |
Clientele life* | G | 2.43 | 5 | R 455.10 | R 57.63 | R 4 570.82 | R 581.12 |
NEDgroup LIFE* | L | 5 | R 423.37 | R 29.95 | R 4 513.70 | R 351.03 |
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) |
---|---|---|---|---|---|---|---|
Momentum | L | 3.6 | 5 | - | - | R 5 540.69 | R 872.66 |
Discovery* | G | 3.5 | 5 | R 492.28 | R 42.20 | R 5 415.96 | R 751.89 |
Clientele life* | G | 2.43 | 5 | R 476.48 | R 62.91 | R 4 784.56 | R 634.07 |
Institute | Annuity code | Metropolitan | Metquote Codes : 4C205 09630 B8E04 E015B | Metropolitan | Metquote Codes : 5D34F 95F18 23EA4 102AD | Metropolitan* | Metquote Codes : F9068 4B42D 3A048 603FB |
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