A living annuity from Coronation ensures income at retirement which members can outlive if investment in the plan is closely managed. The Coronation living annuity pays income at retirement according to the investor’s specifications. Withdrawals on the plan can be done either monthly, quarterly, biannually, or yearly. Withdrawals come with some restrictions that are there[…]
Allan Gray endowment review 2022
For those who pay more than 30% of their income in taxes, an endowment is an excellent investment option. The Allan Gray endowment assists investors in increasing their wealth while lowering their taxable income. This is due to the fact that a contribution to an endowment reduces taxable income by excluding contributions. Anyone with a[…]
Sanlam reality program review 2022
The Sanlam Reality program rewards and empowers its members by providing them with information and perks that help them enhance their financial well-being and, in certain cases, their overall quality of life. Members can save money on wellness, travel, and entertainment through the program. Members also save money on premiums on some Sanlam products. Individuals[…]
PSG wealth retirement annuity review 2022
Retirement planning is essential, and one way to do it while still working is to invest in a retirement annuity. A platform that can be utilized to make such savings is the PSG wealth retirement annuity. The platform allows you to save money on a monthly, quarterly, biannually, yearly, or a one-time basis. A PSG[…]
Sanlam Credit Life cover review 2022
Credit life insurance has become one of the most essential types of insurance in the world. With Sanlam’s addition of credit life insurance to its personal product line, it has become evident that credit life insurance is a product to be reckoned with. The Sanlam credit life cover protects the policyholder and his or her[…]
Sanlam Disability Cover Review 2022
Sanlam provides disability insurance, which pays out if the life insured is rendered permanently disabled and unable to work. Sanlam Disability Cover will pay the life insured a lump sum payout equal to the amount covered by the insurance policy. Sanlam Disability Cover also covers temporary disability, and a payout is provided if a policyholder[…]
Allan Gray retirement annuity review 2022
Those under the age of retirement can invest and earn interest on their savings with the Allan Gray retirement annuity. The investor maintains the savings platform, and he or she has the option of investing in unit trusts operated by Allan Gray. When it comes to unit trusts, there are four to pick from. Tax[…]
Allan Gray preservation fund review 2022
You may want to transfer savings from your employer’s retirement fund or pension fund at some point, and the Allan Gray preservation fund is one of the best ways to do it. The Allan Gray Preservation Fund offers many benefits that can be taken advantage of in retirement. The retirement fund or other type of[…]
Investec home loan review 2022
Investec is a private bank that caters to middle and upper-class South Africans. The bank provides structured finance to its clients and helps them with their own properties at a low rate of interest. With its home loan, Investec is able to make owning a home at a young age possible, especially for new graduates.[…]
PSG wealth endowment review 2022
The PSG wealth endowment plan is a savings account designed for people who pay more than 30% in taxes. Contributions to the endowment will result in a reduction in one’s income tax liability. Contributions to the PSG wealth endowment account are no exception, as they offer significant tax benefits. Withdrawals from an endowment account are[…]
