Get Old Mutual Unit Trusts Living Annuity Application Form

A normal (life-insurance) retirement annuity is based on a policy, a unit trust retirement annuity is not. This makes the unit-trust type retirement annuity more flexible as you are not bound by the policy terms and you do not incur penalties when you break these terms (eg by stopping or changing your contributions).

You request Old Mutual to deposit the withdrawal/surrender proceeds into the bank account, the particulars of which you provided during this claim and declare that the details provided by you are complete and accurate.

Payment will be made within two business days provided we receive your instruction and all supporting documents before the cut-off time. Units purchased via direct debit or debit order (i.e. provisional units) can only be withdrawn 45 days after the purchase date.

You can buy them direct or through a financial planner. You can access the stock exchange without needing knowledge or experience of investing in equities. The ability to diversify (spread) your investment across markets, sectors and economies greatly reduce your investment risk.

Utilizing a Broker or Distributor If you invested through a broker or distributor, you could withdraw money from a Mutual Fund plan through them. Contacting your broker and requesting a withdrawal are options. You must complete and submit a withdrawal request form if you want to withdraw offline.

All EPF members are allowed to withdraw and invest 30% of the amount in excess of the required basic savings in Account 1 ing to your age, i.e. the total amount eligible to invest in unit trust funds approved by EPF.

Old Mutual Max Income Living Annuity provides you with an income when you retire. You choose how much money you want to receive by selecting to draw an amount between 2.5% and 17.5% of your capital yearly. What's in it for you? Because life's about choices.