Retirement and wealth
Compare Retirement Annuities in South Africa
Explore South African retirement annuity providers, compare contribution options, investment choice, fees and retirement access rules. Understand how tax benefits and long-term costs can affect your retirement savings.
Retirement investments can rise or fall in value. Fees, tax treatment and withdrawal rights depend on the product, the fund rules and the legislation. Information checked 28 October 2026.
Before you compare
- Most opening amounts in the published notes are marked not verified. A blank is not a minimum of zero.
- No card shows an Effective Annual Cost, because the published notes say those documents still have to be collected.
- Access is restricted. A savings-component withdrawal under the two-pot system is not the same as taking the whole fund, and it is not tax-free.
Compare providers
7 products on this page. The provider name links to the WiT Money profile. The gold button opens the recorded website. It is not an application.
7 of 7 products, in name order. A minimum that was not checked stays in the list. It is not treated as zero, and nothing is sorted by fee.
- 10X Investments. No official logo is shown.
10X Investments — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- Transparent published investment approach
- online access
Considerations
- Investment risk
- published fees vary by fund, balance and promotion
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
Allan Gray — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- Investment choice
- established SA manager
Considerations
- All-in cost depends on selected investments and adviser
- access restrictions
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
Coronation — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- No initial/account/admin fees on selected products
- fund options
Considerations
- Underlying fund fees
- unit trust selection and retirement restrictions
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
Discovery Invest — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- Wide retirement and income solutions
- additional conditional benefits
Considerations
- Complex product benefits/qualifications
- confirm layered charges
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
- Liberty. No official logo is shown.
Liberty — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- Established retirement fund structures
- advice channels
Considerations
- Current living annuity offering not independently verified here
- fee detail missing
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
- Momentum. No official logo is shown.
Momentum — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- Advice-led fund/income options
- broad selection
Considerations
- Layered fees and conditions
- some products require advice
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
- Sygnia. No official logo is shown.
Sygnia — Retirement Annuity
Provider / investment platform
Tax-advantaged pre-retirement contributions; two-pot treatment applies subject to fund/member circumstances
- Minimum
- Confirm the current minimum with the provider.
- Costs
- Full costs depend on the selected funds, the amount and any advice. Review the current disclosure.
- Access
- Retirement component generally restricted; savings component withdrawal rules apply
Confirm whether monthly contributions, lump sums or transfers are available.
Advantages
- Range including index funds
- investor choice
Considerations
- Fees differ by underlying investments
- market volatility
- product rules
Not guaranteed; market and longevity risk Not applicable — investment returns not guaranteed
Notes checked 28 October 2026. Confirm the current minimum, fees and fund rules with the provider. No FSCA registration is shown as confirmed on this card.
Compare selected products
Choose up to three on this page. Costs are not added into one Effective Annual Cost, and nothing is ranked.
No products selected.
Not shown as a current product
These names stay off the comparison until the product documents are checked. No fee or minimum is shown for them.
Old Mutual — Retirement Annuity
Specific offerings, rates and fees are not published until official product documents are checked.
Sanlam — Retirement Annuity
Specific offerings, rates and fees are not published until official product documents are checked.
Estimate how savings could grow
How this works
Contributions
You can usually contribute monthly, as a lump sum, or both, but the published notes do not confirm the rand minimum for most of these products. SARS limits the deduction. It is 27.5% of the relevant income, capped at R430 000 for the 2027 year of assessment. That cap is not an automatic deduction.
Regulation 28
Retirement annuity investments are generally subject to Regulation 28 limits on how the fund may be invested. The current percentages are not copied onto this page.
Two pots
From 1 September 2024, contributions are split between a savings component and a retirement component, alongside any vested component from older rights. The savings component has its own withdrawal rules. They depend on the fund and on SARS. This page does not say every member can withdraw immediately.
Costs
A retirement product can charge for administration, for the underlying investment, and for advice. An Effective Annual Cost depends on the amount, the term and the funds chosen. Those disclosure documents are not reproduced here, so this page does not invent an EAC or add a fund fee on top of one. Where the card asks you to review the current disclosure, that is the whole cost position.
Tax, in outline
For the 2027 year of assessment, the contribution deduction used on this site is 27.500000000000004% of the relevant income, capped at R430 000. That cap is not an automatic deduction. A savings-component withdrawal, another fund withdrawal, a retirement lump sum and income from a living annuity follow different SARS rules. A savings-component withdrawal is not tax-free. This page does not run one tax table across all of them.
Questions
Questions readers ask
Can I take the money out when I want?
No. Early access is limited. A two-pot savings-component withdrawal, where it is allowed, is taxed and reduces what is left for retirement. The rest is generally preserved until retirement under the fund rules.
Will I get the full R430 000 deduction?
Only if your contribution and your income support it, and only within the 27.5% test. Other income, previous contributions and the assessment itself can change the result. This is not a tax opinion.
Are these funds FSCA approved?
Fund registration and FSP status were not re-checked for this page. No FSCA number is shown, and no approval badge is used.
Related
Sources
Page updated 28 October 2026. A source date is the day WiT Money checked that page, not a promise the institution has not changed it since.
- Budget 2026 tax guide
South African Revenue Service · checked 28 October 2026
- Financial Sector Conduct Authority
Financial Sector Conduct Authority · checked 28 October 2026
- Rates of tax for individuals
South African Revenue Service · checked 28 October 2026