• Flexible Income: Adapt your income rate annually to balance income needs and capital preservation.
  
• Death Benefit: In the event of death, annuity income can continue to a beneficiary or the capital balance can be paid out (subject to tax).

Income Flexibility: Draw income monthly, quarterly, half-yearly, or annually. (Currently between 2.5% and 17.5% of the portfolio’s total asset value), allowing you to balance your income needs and capital preservation.

• Taxation: Income tax is payable at your marginal tax rate on the income drawn.
  
• Important Consideration - Be mindful of your income rate to avoid depleting your capital. If income withdrawn plus charges exceed investment returns, capital erosion may occur.

• Upfront fee - maximum 1.73% incl. VAT (Once off fee) living annuity
  
• Annual Advisor Fee – maximum 1.15% incl. VAT
  
• Beneficiaries are allowed on a living annuity

• Click here to download Shariah Certificate

Click here to download latest Fund Fact Sheet

The following documentation is required to apply:

Adults

• South African bar-coded Identity Document/Smart ID
• Proof of address not older than 3 months, for the verification of your residential address

Minor

• Birth Certificate of minor or Smart ID for young adults age 16 and over
• South African bar-coded Identity Document/Smart ID and proof of address not older than 3 months of parent or guardian, for the verification of their residential address.

To view your statement or invest with Old Mutual 24/7, clicking here.

Click here to view all acceptable forms of proof of address required to open an account.

With these on hand, you can then contact your nearest branch to apply, or complete the Contact Form on this page for our Sales Consultant to call you