Professional Pensions’ Post

We are delighted to announce that BESTrustees Ltd's client Schroders Retirement Benefits Scheme (SRBS), has committed to running-on its DB pension scheme – using around 10% the surplus to partially fund its DC commitments. Advice from a team which included Lisa Mundy as Chair of Trustees, Jonathan Wicks at Aon and A&O Shearman. Full story at: https://lnkd.in/eXfXkVQM #bestrustees #ukpensions

Your super death benefit isn’t automatically covered by your will. ✍️ Many funds allow members to make death benefit nominations which, subject to certain conditions, must be followed by the super fund trustee. ✅ If you want your money to go to someone in particular, be sure to make a death benefit nomination. 📅 Pro Tip: Regularly review and update your nominations to ensure your wishes are fulfilled! Ensure your hard work benefits those you care about most, book your 15min intro chat with me 👉 Ashley Montesin #Superannuation #FinancialPlanning #EstatePlanning #rfsadvice #regionalfinancialsolutions

Choosing between Individual or Corporate Trustees for Your SMSF? Don't let the trustee decision overwhelm you. Learn about the key differences, benefits, and drawbacks of both individual and corporate trustees, and get the clarity you need to make the right decision. #SMSF #Superannuation #IndividualTrustees #CorporateTrustees #FinancialPlanning #SMSFsetup #RetirementPlanning #WealthManagement #MelbourneSuper

We provide Wealth & money management services ✨Contact - +91 7418823440 #wealthmanagement #financialsolutions #financemanagement #financialplanning #wealthcreation #investmentplanning #investmentoptions #investmentsolutions #investmentideas #insuranceplanning #insuranceclaims #insuranceoptions #retirementplanning #retirementgoals #moneymanagement #incometaxfiling #itrplanning #mutualfunds #sip #emergencyfunds

The inclusion of private credit in an SMSF portfolio can not only boost returns, but also lower the amount of investment risk of the super fund. https://ow.ly/w8wt50RZQMC Zagga Group Australia Alan Greenstein #SMSF #financialplanning #financialservices #ausbiz #accounting #superannuation #smsmagazine

Building Long-Term Wealth: Expert Advice for HNWIs Navigating the complexities of wealth management can be challenging, but with the right strategies, High Net-Worth Individuals (HNWIs) can secure their financial legacy for generations to come. Here are some key insights from industry experts to help you build and sustain long-term wealth: 1. Diversification is Key: A well-diversified portfolio is the cornerstone of robust wealth management. Allocate your investments across various asset classes, including equities, bonds, real estate, and alternative investments. This mitigates risk and maximizes potential returns. 2. Focus on Tax Efficiency: Utilize tax-advantaged accounts and strategies to minimize liabilities. Charitable donations, trusts, and offshore accounts can significantly enhance your wealth preservation efforts. 3. Estate Planning: Protecting your legacy requires meticulous estate planning. Establishing trusts, wills, and power of attorney ensures that your wealth is distributed according to your wishes while minimizing estate taxes and legal complications. 4. Leverage Professional Advice: Engage with financial advisors, tax professionals, and legal experts who specialize in HNWI wealth management. Their tailored advice and insights are invaluable in navigating complex financial landscapes. 5. Continuous Education: Stay informed about market trends, regulatory changes, and new investment opportunities. Knowledge empowers you to make informed decisions that align with your long-term goals. Building long-term wealth is a journey that demands strategic planning and expert guidance. By focusing on diversification, tax efficiency, estate planning, professional advice, and continuous education, HNWIs can ensure their financial future is secure and prosperous. #WealthManagement #HNWI #InvestmentStrategy #FinancialPlanning #EstatePlanning #TaxEfficiency #Diversification #LongTermWealth #FinancialAdvisors #LegacyBuilding #fmcg

Title: Making the Most of Your PPF Account In our latest blog post, we dive into the intricacies of extending a Public Provident Fund (PPF) account. Learn about the criteria for extending a PPF account, the process involved, and the scenarios in which extension may not be the best option. Read the full article here: https://lnkd.in/gRStVrr3 #PPF #PersonalFinance #InvestmentPlanning

For the month of November, our office is focused on helping our clients process their Required Minimum Distributions (RMDs). This time of year is particularly rewarding for us, as we get to reach out and assist our clients in accessing their funds when they need it most. RMDs can often be a complex topic, but our goal is to simplify the process and ensure our clients understand their options. We take pride in providing personalized guidance to help them navigate these requirements seamlessly. #RetirementPlanning #ClientSupport #RMDs #FinancialGuidance #NovemberFocus

🚨 Important Update for PPF Investors! 🚨 If you have a Public Provident Fund (PPF) account, there are some crucial updates you need to be aware of: 1️⃣ Single Account Rule: You can only maintain one PPF account. If you have two, the excess amount over ₹1.5 lakhs will be refunded at zero interest from July 12th. Choose your primary account wisely! 2️⃣ Multiple Accounts: If you have more than two PPF accounts, all funds will be returned to you at 0% interest. 3️⃣ Children’s Accounts: The same rules apply for accounts held in a child’s name. The second account will earn 4% interest until the child turns 18. After that, the single account rule applies. Stay informed and make sure your investments are compliant! 💼📈 #PPF #Investment #Finance #PersonalFinance #PPFUpdates #FinancialPlanning

Public Provident Fund (PPF) vs Equity Linked Savings Scheme (ELSS) Mutual Funds for your 80C tax savings Let’s quickly understand this PPF – Annual interest rate is 7.1% and the maturity value is tax free. However, there is a lock-in period of 15 years. On the other hand, ELSS has given an annual rate of return of 15 % over the last 15 years and the lock-in period is 3 years. However, you will pay 10% capital gains tax at maturity. Let’s take an example: If you had invested about 1,50,000 every year for 15 years in both PPF and ELSS Returns you would get in PPF would be = INR 40,68,209 (Tax free) Returns you would get in ELSS would be about INR 84 Lakhs (however post tax would be equal to about INR 76 Lakhs. PPF is backed by government and is less risky. ELSS mutual funds on other hand invests in equity markets, hence is a better option for wealth creation in the long run. Instapage: @financewithkd - https://lnkd.in/dJcXSxbC Youtube Link: https://lnkd.in/dngxCfnM . . . Disclaimer: This page doesn't promote any company or fund house. We want to strictly educate people with financial knowledge and share some anecdotes. Please note that investing your money basis any content you consume is subject to market risk. . . . . #personalfinance #invest #sharemarket #stocks #mutualfunds #paisagem #makemoney #finance #financetips #financewithkd