PPS For Professionals

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Living Annuity

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The PPS Living Annuity is designed to help manage your retirement income after you’ve retired.

Control over your retirement income

Choose how much you want to withdraw from your retirement savings (between 2.5% and 17.5% of your investment value annually)

Select how often you receive these payments

Change your annuity income amount and frequency once a year according to your personal circumstances

Reinvest your retirement savings

You have the opportunity for continued investment growth when you reinvest your savings

Leave a legacy

In the event of your death, the remaining capital will be paid directly to your beneficiaries

Choose funds suitable to your goals

You have access to a focused range of unit trusts from a selection of asset managers

Change your fund allocation at any time without any transaction costs

Gain profit share as a PPS Member

Acquire profit allocation from your investment and allocation to PPS funds

Earn additional allocation through family linking of the OPN investment solutions

A living annuity may not be suitable for you. Carefully consider the following:

It is important to note that the income is not guaranteed and your ability to sustain the level of income will be affected by the performance of the underlying unit trusts in which you are invested.

It is your responsibility to ensure that your income that you draw will be sustainable for the entire duration of your retirement.

If the income that you draw is too high, you bear the risk of running out of money during your retirement.

Returns in the underlying unit trusts are not guaranteed and your investment may not perform according to your expectations.

6 Investment Intro Title
PPS Living Annuity with Lifetime Income for PPS Members

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Giving you more income security during your retirement years


Retire with peace of mind

Blends the benefits of a life annuity*, where you do not carry the risk of outliving your savings or running out of funds due to poor investment returns, with a living annuity.

Provides a secured monthly lifetime income into your living annuity that will never reduce in nominal terms, regardless of market movements.
 


Gain profit share as a PPS Member

Acquire profit allocation from your PPS Living Annuity with Lifetime Income and allocation to PPS funds.

Earn additional allocation through family linking of the OPN investment solutions.
 


Leave a lasting legacy

You have the option to provide a secured lifetime income for your spouse that will be paid in the event that you pass away.

Choose to add a minimum payment period. If you pass away within that time frame, the remaining payments for the period will be paid into the unit trust portion of your living annuity as a lump sum and will be accessible to your beneficiaries.

Your beneficiaries will receive the remaining assets in the unit trust portion.
 

*PPS Insurance owns a life annuity portfolio underwritten by Just Retirement Life. For more information on Just Retirement Life, visit https://justsa.co.za/.

For help with a PPS Living Annuity with Lifetime Income, speak to your PPS accredited financial adviser.

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Vested PPS Profit-Share Account

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Keep your PPS Profit-Share Account assets invested for longer using the Vested PPS-Profit Share Account.

Vest your profit-share assets

After 60 if the member still has PPS Sickness and Permanent Incapacity Benefit, the PPS Profit-Share Account assets may be accessed via the Vested PPS Profit-Share Account

You can use these assets as part of your retirement planning

Boost retirement savings

Reinvest assets to generate further returns and grow your capital

Supplement your retirement income with withdrawals

Maximise the tax benefits

Most taxable growth is at 30% for individuals, local dividends at 20% and realised capital gains at 12%

You are not responsible for tax reporting

Gain profit share as a PPS Member

Continue earning PPS profits attributable to PPS Investments

Efficient estate planning

Proceeds will be paid directly to your beneficiaries

* Administered by PPS Investments

How do I invest?

PPS Investments recommends that you consult an independent financial adviser regarding your specific situation if you require financial and/or investment advice. Alternatively, leave your details and our client service centre can CALL YOU BACK to put you in touch with an adviser.

Should you be comfortable to invest online CLICK HERE

The next step is to call us or we can call you.
0860 468 777 (0860 INV PPS) or (021) 672 2783






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