Episode Details

Send us Fan Mail

Living annuities are one of the most popular retirement income products in South Africa – but they come with strict rules that are often misunderstood.

In this episode of PROpulsion LIVE, we sit down with Lize de la Harpe, Senior Legal Advisor at Sanlam Corporate, to explore what you can and can’t do with a living annuity. From income drawdowns and commutation rules to divorce settlements and beneficiary nominations, Lize unpacks the complexities in plain language and clears up common misconceptions.

This is a must-watch for financial advisers and planners who want to give their clients the right guidance when it matters most.

📌 What we cover:

👉 How income drawdowns really work (and why they can only be changed once a year)

👉 The conditions under which a living annuity can be commuted

👉 Why the capital can’t be claimed in divorce proceedings

👉 The impact of the Montanari judgment and recent PFA amendments

👉 What advisers should know about beneficiary nominations

Join us as we explore the fine print behind one of the most important retirement planning tools.

Also in this episode:

• FPI Current Affairs
• Build with AI
• Quick Announcements
• Featured Guest


ASCEND SUMMIT TICKETS:
https://www.propulsion.co.za/propulsion-summit-tickets/

MONEY MAESTROS:https://moneymaestros.co.za/conference/

ADMIN AND SUPPORT SURVEY:
https://www.propulsion.co.za/admin-and-support-in-financial-advice-survey/ 

BECOME A MEMBER:
https://www.propulsion.co.za/propulsion-community/join-propulsion-community/