The PPS Living Annuity is a post-retirement product that invests accumulated retirement capital while providing a regular income.
It allows you to reinvest the savings in your retirement annuity, pension, provident or preservation fund once you retire and to draw between 2.5% and 17.5% of your net investment value annually. It is important to note that the income drawn from your PPS Living Annuity is not guaranteed and will be affected by the performance of the underlying unit trusts in which you are invested. You retain full flexibility to change your level of postretirement income annually and to switch between underlying unit trusts as your circumstances change, without incurring any transaction charges.
FEATURES AND BENEFITS
Lump sum: R100 000
Recurring: Not applicable
Ad hoc: Proceeds following the retirement from an additional retirement fund may be combined with your existing PPS Living Annuity
PPS FundsSelect the option suitable to youWe build diversified funds across managers and strategies to achieve consistent performance over time. Our experienced investment team manages the asset allocation and manager combination of each solution. You just need to select the appropriate multi-managed fund. View our PPS Funds>>
Other Funds You select from managers on our platformYou choose the appropriate combination of funds from our pre-approved list to construct the solution you want. Our online functionality allows you to manage your overall asset allocation and change the combination of funds at any time.View other Funds >
PPS Managed Share PortfolioThe PPS Managed Share Portfolio is accessible by intermediated investors only, and is offered as an investment option within PPS Investments' range of retirement funds. The PPS Managed Share Portfolio provides direct access to securities listed on the Johannesburg Stock Exchange (JSE). Managed in conjunction with a selected stockbroking company, this offers unique advantages to discerning, high-net-worth investors who seek personal involvement in managing their savings. More about the Managed Share Portfolio>>
Depending on your preference, there are a few ways you are able to invest with us.
Invest via an adviser We always recommend seeking the advice of an experienced and qualified financial adviser to help you set financial goals, save sufficiently for these goals and stick to your investment plans. Should wish to find a PPS Investments accredited adviser, leave your details here and someone will contact you shortly.
Invest via an adviser
Invest NowWith the InvestNow functionality, you're able to place new investments, top up existing investments, switch or make withdrawals. And in-app notifications keep you updated on the progress of your transactions. A nifty retirement calculator and access to key documents like tax certificates are added benefits. Click here to use this functionality.
With the InvestNow functionality, you're able to place new investments, top up existing investments, switch or make withdrawals. And in-app notifications keep you updated on the progress of your transactions. A nifty retirement calculator and access to key documents like tax certificates are added benefits. Click here to use this functionality.
Printing and completing an application form You're also welcome to print the application form and send it to our Validations Team at firstname.lastname@example.org. For any further support, our dedicated client service teams are available between 8:00 and 17:00, Mondays to Fridays at 0860 468 777 or email@example.com to assist you with your transaction.