Disclosure – Living Annuity

Disclosures
The LifeCycle Living Annuity product is underwritten by 27four Life Limited. The assets in this policy will be kept separate from other
assets and liabilities underwritten by 27four Life Limited. The benefits oered under the LifeCycle Living Annuity are linked to the
investment returns achieved. Neither the investment returns nor the benefits oered are guaranteed. 27four Life Limited has outsourced certain aspects of the administration function to D&D The Cycle (Pty) Limited (Reg. No: 2013/157477/07) who is also an approved retirement benefit administrator (reference number 24/767) and an approved Financial Services Provider (FSP NO 45863. The current investment options available to policyholders are selected Collective Investment Schemes in Securities (CISs), selected fund policies and approved external funds, inclusive of PSP’s with your preferred asset manager, which are managed and administered by approved third party managers and administrators. The value of units may go down as well as up and past performance is not necessarily a guide to the future. A living annuity allows you to set your income level subject to constraints imposed by the authorities from time to time and allows you to select a wide range of investments in respect of the capital that will generate the annuity. The level of income you select is not guaranteed for the rest of your life. The level of income you select may be too high and may not be sustainable if (1) you live longer than expected with the result that the capital is significantly depleted before your death; or (2) the return on the capital is lower than that required to provide a sustainable income for life. It is your responsibility (in consultation with your financial advisor) to ensure that the income that you select is at a level that would be sustainable for the rest of your life. You need to carefully manage your income drawdown relative to the investment return on the capital in order to achieve this.

This guide has been compiled to provide factual information on the product oered and does not constitute advice.  27four Life Limited is a Financial Services Provider authorised under the Financial Advisory and Intermediary Services Act of 2002 (FSP 31045). D and D the Cycle (Pty) Ltd is a Financial Services Provider authorised under the Financial Advisory and Intermediary Services Act of 2002 (FSP 32968) D and D the Cycle (Pty) Ltd is a Financial Services Provider authorised under the Financial Advisory and Intermediary
Services Act of 2002 (FSP 45863).

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D and D The Cycle Pty(Ltd)

13B Administrator 24/767
Authorised Financial Services Provider
FSP no: 45863

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