Updated: 04-March-2024 Valid until: 08-March-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 139 796.99 | 6.930% | R1 401 241.42 | 6.980% | |
Momentum | L | 2.6 | 8 | R 130 555.00 | 5.480% | R1 352 692.00 | 6.230% |
Discovery | G | 3.5 | 8 | R 131 352.82 | 5.606% | R1 347 766.57 | 6.151% |
NEDgroup LIFE* | L | 8 | R 128 176.07 | 5.090% | R1 303 865.88 | 5.450% | |
Clientele life* | G | 2.43 | 8 | R 129 954.39 | 5.380% | R1 301 271.34 | 5.408% |
Institution | Nature of Security | CAR Ratio | Notes | Secured Return** | % Return on investment** | Secured Return*** | % Return on investment*** |
---|---|---|---|---|---|---|---|
1Life | L | 8 | R 142 166.16 | 7.290% | R1 425 641.22 | 7.350% | |
Momentum | L | 2.6 | 8 | R 133 457.00 | 5.940% | R1 381 844.00 | 6.680% |
Discovery | G | 3.5 | 8 | R 133 835.74 | 6.002% | R1 372 595.76 | 6.539% |
Clientele life* | G | 2.43 | 8 | R 131 939.53 | 5.700% | R1 321 143.78 | 5.728% |
Institution | Escalating 10yrs Certain & Thereafter* (C&T) | Single Life* 10 C&T | Joint & Survivor** 10 C&T |
---|---|---|---|
Assupol Life (rewired) | R 4 353.86 | - | - |
Metropolitan* | R 3 607.04 | R 5 059.75 | R 4 665.85 |
Momentum | R 3 581.63 | R 5 051.71 | R 4 747.78 |
Assupol (annuity) | R 3 561.50 | R 5 189.86 | R 4 873.34 |
Discovery | R 3 472.82 | R 4 969.75 | R 4 688.80 |
Institution | Gross Income | Taxable Portion | Tax Free Portion | Taxable Percentage |
---|---|---|---|---|
Momentum | R 1 980.17 | R 313.50 | R 1 666.67 | 15.832% |
Metropolitan* | R 1 901.44 | R 234.77 | R 1 666.67 | 12.347% |
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 461.85 | R 37.88 | R 5 116.50 | R 710.57 |
Momentum | L | 2.6 | 5 | - | - | R 5 090.42 | R 761.53 |
Clientele life* | G | 2.43 | 5 | R 448.76 | R 56.11 | R 4 508.19 | R 566.00 |
NEDgroup LIFE* | L | 0 | 5 | R 409.99 | R 27.60 | R 4 380.57 | R 326.00 |
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 5 445.45 | R 857.11 |
Discovery* | G | 3.5 | 5 | R 488.59 | R 42.54 | R 5 380.25 | R 756.56 |
Clientele life* | G | 2.43 | 5 | R 470.15 | R 61.32 | R 4 722.08 | R 618.37 |
Institute | Annuity code | Metropolitan | Metquote Codes : BB8D4 95DF5 A18A5 201CD | Metropolitan | Metquote Codes : 32B20 3FFB2 52A08 4028D | Metropolitan* | Metquote Codes : E00B0 45B5C E0D84 F0315 |
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