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
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
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.
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