The Paramount Linked Retirement Income is a living annuity, purchased from Paramount in your name and on your life to provide you with an Annuity Income.
The Paramount Linked Retirement Income provides you with the flexibility to select an Annuity Income to suit your income needs.
It can only be purchased with proceeds from a retirement fund or with the proceeds from another living annuity.
Paramount Life is proud to be the first provider in South Africa to incentivise long term income generating behaviour through fee discounts related to long term sustainable income draw downs.
This is one of several innovations that target the long term enhancement of your income generating capacity within the framework of the Linked Retirement Income.