Ultima is your preferred Employee Benefits advisor

Ultima Financial Planners is your preferred Employee Benefits advisor. This is based on our tried and tested expertise and experience: Proven track record of 18 years in advisory services from small to large group schemes Independence of our advice, none of our planners are remunerated based on commission. Ultima is also not bound to any […]
Understanding the role of the Financial Planner in the Employee Benefits Space

The Financial Planner is commonly referred to as the scheme advisor in the Employee Benefits space. There is a huge misconception that the scheme advisor is the ‘middle man’ of the supply chain. The logical conclusion is that the services of a scheme advisor adds cost to the solution and results in a very expensive […]
The Beauty of Umbrella Funds

Why the fuss? The formalised retirement fund industry in South Africa is over 50 years old and we have learned many lessons along the way. We have found that escalating stakeholder requirements have led to increased complexity, otherwise, read as ‘more costs’. If you have followed the retirement fund industry over the past few years, […]
When should I provide employee benefits?

Knowing when to start offering employee benefits can be tricky which is why we are sharing a few suggestions from our side: When you have over 50 employees We have walked you through some of the advantages of providing benefits. The right time might be sooner than you think. Our research has shown that 50 is […]
Why should I provide employee benefits?

Employee benefits are currently viewed as somewhat of an old fashioned practice. This is mainly due to the fact that employers are more comfortable to transfer responsibility to the employee. In addition, the administration of a pension fund has become too burdensome. Solutions have however evolved and we are confident that this old fashioned practice […]
Why the underwriting process is important

Article by Lisa Gibbon from Liberty Life ~ Personal Finance So you’ve decided to take out a long-term insurance policy to provide yourself and your family with protection from life’s risks and uncertainties. You meet with a financial adviser or broker and they initiate an underwriting process with the insurer. You find the questions intrusive […]
Do you really need Critical illness cover?

You might not have a family history of any serious diseases and be perfectly healthy, yet your financial planner will always recommend critical illness cover as an essential component of a holistic financial plan. It is an expensive benefit and therefore not always considered a priority. As financial planners we know that a critical illness […]
Expatriate tax and financial emigration

Pre 1st March 2020 – Many South Africans are employed in foreign countries. Currently foreign remuneration is exempt from income tax in South Africa if compliant with the “183/60 tax exemption” in the Income Tax Act. On the 1st March 2001, SA adopted a “residency-based” income-tax system. This means that an individual pays income tax […]
Learn how to e-sign a document you’ve received via email requesting your e-signature
[vc_row][vc_column][vc_column_text] Ultima decided to implement an option for clients to digitally sign documents to save time and effort.It requires 9 quick steps: Click to open an email you’ve received in your inbox requesting that you e-sign a document. Then click the link Click here to review and sign [name of document]. Take a little time to review […]