Sanlam Fixed Return Plan with Income

About
Guidance
Benefits
Insights
Charges
Our solutions
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About

Introduction

A Sanlam Fixed Return Plan can be combined with a Sanlam Stratus Guaranteed Income Policy (a term annuity policy underwritten by Sanlam Life) to provide you with a guaranteed monthly income throughout the investment term, along with the return of the original investment amount at the end of the term.

Minimum contribution
R100,000 lump sum.
How long to invest for
A minimum of five years (the first five years are known as a ‘restricted period’).

Guidance

How it works

You make a lump sum investment of at least R100,000.

The maturity amount is guaranteed by the issuer of the underlying assets.

The investment amount is exposed to the top five banks in South Africa.

A fixed monthly income is paid to you throughout the investment term.

Benefits

What investment in the Sanlam Fixed Return Plan with Income offers you

You receive the original investment amount at the end of the investment term.
You receive a fixed monthly income payment during the investment term.

Insights

Access to your money

During the five-year term, you may make a full withdrawal (subject to legislative restrictions), which will attract a termination fee. The total cash value of the policy will be equal to the current value of the remaining income payments, discounted at the prevailing interest rate applicable to surrenders, less the termination fee.

Charges

Tax and fees

Fees vary per product and underlying investments. Please speak to your financial intermediary to make sure you pay the correct fees and that you understand which fees you pay and why.

Tax details

Tax is payable by the policyholder on the income received from the Sanlam Fixed Return Plan with Income. This income consists partly of a repayment of the capital amount, called the “capital portion” of the income payment. If the requirements of section 10A of the Income Tax Act are met, only the remaining part of the income payment, the non-capital portion, is taxable.

Our solutions

Build a secure future for you and your family with our range of investment solutions.

Invest in the financial markets to grow your assets – whether it is to pay off debt, save for your children’s education, contribute to your retirement savings, or simply to ensure financial security.

Our solutions

The assurance of a fixed return reduces any concerns you may have about portfolio fluctuations over time and the potential of not meeting your investment objectives due to market volatility.

Invest your capital and grow your wealth in a personal investment portfolio, customised by you and your intermediary to suit your needs and tolerance for risk.

Get extraordinary benefits with a five-year tax-efficient investment solution that offers a boost to the initial investment amount, rewards for staying invested and optional protection to limit losses in a declining market.

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Contact us

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+27 21 917 9002

+27 86 045 2364