​Income increases

The income increase you select is not linked to any index or volatile investment markets but is guaranteed at the outset and therefore provides security and certainty.

Tax-efficient investment

A life annuity is a tax-efficient vehicle, the benefits of which include the following:

• Upon retirement from a retirement annuity, pension or provident fund, no tax will be paid on the lump-sum amount transferred from the retirement fund to the life annuity.

• No income tax is paid on the capital portion of the income on voluntary purchased annuities.

​Income increases

The income increase you select is not linked to any index or volatile investment markets but is guaranteed at the outset and therefore provides security and certainty.

Tax-efficient investment

A life annuity is a tax-efficient vehicle, the benefits of which include the following:

• Upon retirement from a retirement annuity, pension or provident fund, no tax will be paid on the lump-sum amount transferred from the retirement fund to the life annuity.

• No income tax is paid on the capital portion of the income on voluntary purchased annuities.

The fees are embedded within the product. This means that the income you have been promised will not be reduced by further fees. These are already taken into account in the income calculated.