Melissa Shin’s Post

Thinking about adding funds to your IRA? Check out our comprehensive guide to help you determine the best way to fund your SDIRA: https://hubs.li/Q02Q0THl0 #SDIRA #IRA

Whether you can manage your self-managed super fund (SMSF) by yourself or need professional help depends on various factors, including: ✔Financial knowledge ✔Time availability ✔Comfort level with legal and regulatory obligations. Managing an SMSF independently can be appealing for those with a strong grasp of investment principles and a willingness to stay abreast of changing laws and regulations. It can offer greater control over investment decisions and the potential to reduce management fees. However, running an SMSF solo requires a significant commitment of time and effort. You'll need to handle administrative tasks, investment decisions, compliance requirements, and ensure that your fund operates within legal boundaries. For those less confident in their financial expertise or lacking the time to manage their SMSF comprehensively, seeking professional help is advisable. Qualified accountants, financial advisers, and SMSF specialists can provide valuable guidance on investment strategies, compliance issues, and tax planning. They can also help navigate complex regulations and ensure that your fund remains compliant with the ever-evolving superannuation laws. Ultimately, whether you choose to manage your SMSF independently or with professional assistance depends on your individual circumstances, risk tolerance, and financial goals. It's essential to weigh the pros and cons carefully before making a decision to ensure the effective management and long-term success of your retirement savings. Want to know more? Get in touch with us ☎ 03 8370 6214 #smsf #smsfadmin #smsfexpert

In his new role, Alexforbes' Duane Naicker aims to support independent #intermediaries by ‘empowering top-tier #financialadvice and providing tailored solutions’. Read more about his new appointment here. #FinanceNews #Alexforbes #financialadvisers #financialplanners #IFAs

Explore the growing appeal of TDFs. See which is predicted to lead the pack: mutual funds or collective investment trusts (CITs). #retirementplanning #americanfunds Important disclosures: https://bit.ly/2JzEDWl .

Explore the growing appeal of TDFs. See which is predicted to lead the pack: mutual funds or collective investment trusts (CITs). #retirementplanning #americanfunds Important disclosures: https://bit.ly/2JzEDWl .

Explore the growing appeal of TDFs. See which is predicted to lead the pack: mutual funds or collective investment trusts (CITs). #retirementplanning #americanfunds Important disclosures: https://bit.ly/2JzEDWl .

🔍 Family SMSFs: The Smart Way to Super Ever wondered why Family SMSFs are the best-kept secret in superannuation? 🤔 Our latest blog spills the beans. With over 616,000 SMSFs in Australia managing more than $930 billion, it’s time to discover what you’re missing. Most SMSFs focus on investment control, but there’s so much more. We break down the three types of SMSFs and reveal why the Family SMSF is the ultimate game-changer. 💡 What type of SMSF do you have or want? 👉 DIY SuperFund 👉 Self Managed Super Fund 👉 The Family SMSF From saving on fees to better investment control, find out why the Family SMSF is a no-brainer. Discover the unique benefits of each, and why the Family SMSF, offered by Abbott and Mourly Lawyers and LightYear Docs, is the smartest choice. 🔗 Curious? Read our latest blog to unlock the secrets: Read the Blog Don’t miss out on these hidden advantages. Your smarter super strategy awaits! https://lnkd.in/gtf4u_pW #SMSF #FamilySMSF #SuperSecrets #AbbottMourlyLawyers

Explore the growing appeal of TDFs. See which is predicted to lead the pack: mutual funds or collective investment trusts (CITs). #retirementplanning #americanfunds Important disclosures: https://bit.ly/2JzEDWl .

Explore the growing appeal of TDFs. See which is predicted to lead the pack: mutual funds or collective investment trusts (CITs). #retirementplanning #americanfunds Important disclosures: https://bit.ly/2JzEDWl .

📢 Calling all LPs 📢 Are you paying too much to your General Partners? Are the management fees they are charging you calculated correctly? Do you have confidence in what is happening across all of your partnership agreements? Get the report ➡️ https://lnkd.in/eaz8BkbW ✅ The regulatory response to GP fee miscalculations ✅ Examples of misinterpreted terms and their consequences ✅ Case Study: How LPA Validation for a large pension fund works #limitedpartners #lpa #lp #contracts #validation #privatemarkets #fees