The Secured Capital Annuity is a fixed annuity designed to give you guaranteed income for the rest of your life, with life cover payable to your nominated beneficiaries, when you die. You can choose to receive 13th cheques and age-based income adjustments.
Features of the Secured Capital Annuity
The different sources of money you can use to invest in a fixed annuity are pension funds, provident funds, preservation funds, retirement annuities or transfers from other living annuities.
You can choose to receive your income monthly, quarterly, twice a year or yearly. You can also choose how you want your income to change over time.
Your annuity payments will be taxed as gross income.
Life cover equal to your initial capital investment is payable to your nominated beneficiaries when you die.
Invest in the Secured Capital Annuity
There is a minimum investment amount for our Secured Capital Annuity income plan.
Get certainty, security and additional income
When you invest in the Secured Capital Annuity, you benefit from guaranteed income, the ability to leave a capital legacy for your loved ones, and the opportunity to receive 13th cheques and age-based income adjustments.
Educational content to help with decision-making
Retirement is often painted as a golden period; a time to relax and enjoy the fruits of your labour. But even if you aim to have a similar lifestyle once you retire, your expenses will almost certainly change. Just as life evolves, so do our spending habits.