Annuities
Our annuities provide regular, usually monthly, payments to pensioners for the rest of their lives, based on the savings accumulated up to retirement. The payments can remain unchanged or be increased once a year with increases that are a fixed percentage or linked to either inflation or the performance of an underlying investment portfolio. Payments can be made for a guaranteed period, regardless of survival of the pensioner, and can be made to a spouse or child after the death of a member. An annual 13th cheque can be included.
Our Annuity Solutions
- With-Profit AnnuitiesSuitable for investors whoWhat the product aims to achieve
Want a guaranteed pension payout, which cannot decrease, for the rest of their lives
Want to benefit from investment market performance, whilst enjoying protection against market shocks and crashes
Are happy to share some investment risk with the insurer, with the benefit of significant upside potential
Are seeking a product that can target specified increases, with some variation, at a more affordable price than a guaranteed annuities
Want a with-profit product that is tailored to provide competitive and stable increases in challenging economic conditions
Offers a retirement fund solution to meet the needs of pensioners by using smoothed weighted average of recent underlying investment returns, to determine annual increases in the pension amount, with a guarantee that the pension will never decrease and will be paid for life.
More information - Inflation-linked PensionsSuitable for investors whoWhat the product aims to achieve
Want a guaranteed pension payout, which cannot decrease, for the rest of their lives
Want their pension to increase in line with Consumer Price Inflation, to achieve a real income over time
Want a flexible increase date
Want a 13th cheque in any chosen month
Provides a guaranteed monthly pension with annual increases equal to inflation for the rest of pensioners’ lives; the increase is equal to the Consumer Price Index, lagged by four months.
More information - Guaranteed Escalation AnnuitiesSuitable for investors whoWhat the product aims to achieve
Want a guaranteed pension payout, which cannot decrease, for the rest of their lives
Want their pension to increase by a predetermined percentage each year
Want a flexible increase date
Provides fixed rate increases or level annuities for the rest of pensioners’ lives.
More information - The Complete Picture PensionSuitable for investors whoWhat the product aims to achieve
Want a guaranteed pension payout, which cannot decrease, for the rest of their lives
Want to receive a transparent increase based on a defined formula
Want a high equity component (50%) that will give them higher expected increases in future
Want increases strictly based on the performance of the indices, ensuring that the guarantees of a 0% minimum are met
Want a product that has outperformed Sanlam’s current with profit annuity and its competitors
Offers a transparent retirement fund solution to better meet the needs of pensioners by using a simple formula to determine annual increases in the pension amount, with a guarantee that the pension will never decrease.
More information - Provider PensionsSuitable for investors whoWhat the product aims to achieve
Want a guaranteed pension payout, which cannot decrease, for the rest of their lives
Want to have more stable increases in different economic conditions than they would get with with-profit annuities
Guarantees to pay out the current level of pensions, plus increases over the rest of pensioners’ lives by reducing the guarantee fee to zero while investing the remainder of the assets to maximize increases.
More information - Bonus Pensions and Quantum PensionsSuitable for investors whoWhat the product aims to achieve
Want a guaranteed pension payout, which cannot decrease, for the rest of their lives
Want to know that increases, once added, cannot be taken away or reduced
Allows pensioners to share in the investment returns earned on the underlying annuity portfolio through annual pension increases.
E-nnuity
This is a unique and innovative online quotation programme that provides instant retirement planning quotations. Accredited financial advisers can generate multiple quotations for retirement fund members at the "push of a button". These quotations are based on real-time values from across the range of annuity products that Sanlam Employee Benefits offers. Please note that only FAIS-accredited financial advisers or brokers may register to use E-nnuity. Login to E-nnuity.