Living annuities
AFRIS Living Annuity
AFRIS: Alexander Forbes Retirement Income Solution
Is this for you?
You need to have a minimum of R600 000 from other retirement funds.
The differences
Receive preferential rates through your employer or retirement fund as they have an existing relationship with Alexforbes.
Benefits
- You have the option of choosing when and how you want to receive your income
- Your benefit will be passed on to your beneficiaries when you die
Living Annuity
Is this for you?
You need to have a minimum of R600 000 from other retirement funds.
The differences
If your employer or retirement fund does not have an existing relationship with Alexforbes, you can join on your own. Standard rates apply.
Benefits
- You have the option of choosing when and how you want to receive your income
- Your benefit will be passed on to your beneficiaries when you die