Old Mutual wrote an article demonstrating how a person’s overall retirement plan was impacted by various investment scenarios. Old Mutual used its financial planning tool, The Wealth Integrator, to run these scenarios. Old Mutual found that a retirement annuity compares favourably when a surplus, including tax-free savings, is invested into discretionary funds, such as unit trusts, tax-free investments, endowments, etc. Old Mutual urged clients to speak to a financial adviser, to get advice on the most suitable investment vehicle for their needs.
