Back to opportunities
DocumentNot applicableNews
Investment Plans with Income vs Guaranteed Investment Plans with Income
Official source
Source domain: faisombud.co.za
Collected on 30 September 2026
Always confirm details on the official source before acting.
What this means
This is a FAIS Ombud latest-news article explaining the difference between an Investment Plan with Income and a Guaranteed Investment Plan with Income. It describes the trade-off between higher uncertain returns and lower guaranteed returns, and includes a complaint case involving a R700 000.00 investment that matured at R470 000.00.
Facts
Amounts
R 700 000, R 470 000, R 230 000
Key Takeaways
- Investment Plan with Income and Guaranteed Investment Plan with Income
- Five-year endowment and guaranteed annuity income structure
- Investment example: R700 000.00 invested on 04 October 2017
- Investment matured in 2022 at R470 000.00
- Complainant claims the R230 000.00 capital balance
- Office of the Ombud for Financial Services Providers
- FAIS Ombud
- M v S