Home
About us
Products
News
Contact us
› Home › News
05-09-2016 - SA Annuity Index - 5 September 2016
The South African Annuity Index™ illustrates the weighted average movement of South African Guaranteed Annuity rates on a weekly basis.
 
 

The SA Annuity Index – 5 September 2016

 

 

 

 

Lower

Upper

Male

101.73

UP 3.49%

211.98

UP 4.62%

Female

101.38

UP 3.47%

200.64

UP 3.84%



Rates are based on a single life compulsory or voluntary annuity purchase price per R100 000 for people born on 01/01/1956 payable monthly in arrears. The lower rate refers to the rate for a healthy, non-smoking client who worked as an administrator and earns a gross income of R20,000 per month. The upper rate refers to the rate for a smoking and severely ill client who worked as an administrator and earns a gross income of R20,000 per month. The Paramount Life income quoted includes Estate Protect capital protection with a 50,10,10 pattern. Other provider rates include a 10 year guarantee term.   Source of provider rates: Saturday Star 03/09/2016 and Paramount Life for the previous week's rates.



The rates used for the index are as per the Market Annuity Bureau.

Back to the page
Submit a document
Terms Of Use
Compliance
Email disclaimer
Paramount Life © 2012. All rights reserved.
Paramount Life is an authorised financial services provider and is underwritten by Guardrisk Life Limited.