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 […]
Questions to ask your employer about your benefits
Personal Finance / 18 March 2017 / Laura Du Preez What is the nature of the fund: is it a pension fund, provident fund or retirement annuity (RA) fund? Gareth Collier, a director of Cape Town-based financial planning practice Crue Invest, says legislation governing withdrawals, tax and preservation depends on the type of fund you are […]
