Destiny Living Annuity
A living annuity allows you to earn an income from it while your capital is invested. The Momentum Living Annuity now gives you the opportunity to invest in the dependable, top-performing Destiny Portfolios during your retirement. These portfolios make use of a dynamic investment strategy that blends active and passive investment strategies in a cost effective solution.
Our investment strategy is to maximise the allocation of investment receipts towards retirement funding investments, and to objectively select and manage asset manager allocations on our members' behalf so as to maximise investment returns at an appropriate level of risk.
Destiny uses traditional (active) asset managers but still manages to reduce costs and increase efficiency by using passive management. This is achieved by blending active and passive management in an innovative matrix.