- Home
- /Investec Retirement Products
- /Investec iSelect Living Annuity
Investec iSelect Living Annuity
The iSelect Living Annuity provides investors with flexible income options during their retirement where investment returns are linked to the performance of the market. It is ideal for individuals who would like to grow their post-retirement income with monies they’ve received from:
- Pension funds
- Provident funds
- Retirement annuities
- Preservation funds
| Investment details | |
| Minimum investment | R50,000 lump sum. |
| Income benefit | 2.5% – 17.5% of the capital (investment amount) per annum. |
| Death benefit | A lump sum or an annuity or a combination of the two may be elected by the beneficiary/ies, subject to any applicable tax. |
| Negotiability | May not be ceded, pledged or negotiated. |
Accessing the investment
Investec Living Annuity provides you with an income after you have retired. No capital withdrawals are permitted. The capital may be commuted where the total investment value is equal or less than R75 000. (In certain circumstances commutation may only be allowed once the investment value is equal or less than R500 000).
How much does it cost to invest in the iSelect Living Annuity?
View our pre-selected range of quality funds to invest in
Construct your own portfolio
Investec offers a wide range of funds for investors who wish to construct their own portfolio.
View the full range of iSelect funds >
Launch the investment calculator and portfolio builder tool >