Annuity plans can be fixed or subject to fluctuating inflation conditions.
In the event of your death, one third of the funds are paid out immediately to each appointed beneficiary. The balance is used to acquire an annuity for each beneficiary and dependent, ensuring that they will each receive an income.
Success in retirement takes foresight and sufficient saving
Maintain your independence and experience financial freedom in your later years, by saving for your retirement. There are many retirement funds available to you in South Africa. Seek professional advice from an insurance provider, to secure your financial future.