Insights and Research

The basics of Trauma Insurance

Also called Critical Illness or Recovery Money Pays a lump sum in the event of a traumatic event happening to you, for example you suffer a stroke, heart attack, major burns or are diagnosed with certain cancers through to traumatic events such as the loss of a child. This insurance came about due to advances…
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You’re worth $5,000,000 should you protect it?

Do you protect the loss or theft of your $30,000 car? If so what is the cost of the premium to do so and how much will you get paid out? If you are a 25 year old worker who earns $75,000 a year indexed for the rest of your life then you are worth…
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Dangers of Do It Yourself Wills

The legal profession love DIY Wills and power of attorney kits because they are the gift that just keep giving, in legal fees that is. At Shartru Wealth Management we know this to be fact, because we have had to walk with our clients through the minefield that is, poorly considered and constructed estate planning. Its expensive…
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Superannuation and your estate

The times in which we live allow individuals superannuation fund amounts to grow and as a result a significant percentage of the portfolio will pass through to beneficiaries upon death of the superannuation account holder. As, how do we make sure superannuation is effectively managed with the remaining Estate’s assets? Binding Death-Benefit Nominations (BDBN) are essentially…
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The Origins of Bond Markets

Money plays the most important role in our lives. It has performed a terrifyingly dominant role in carving the fates of kingdoms, families, dynasties and now countries. From ancient Mesopotamia to the modern banks on Wall street, the ascent of money has been an indispensable part in the ascent of man. From the fluctuating prices…
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Dealing with unmanageable personal debt – settlements with creditors

This article follows on from our previous edition discussing the options available to individuals facing unmanageable personal debt (including personal guarantees for company debts). In this edition, we discuss Settlements / Compromising Debts. When an individual (Debtor) is unable to repay their debts in full and does not wish to be subject to bankruptcy, they…
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Too Much Debt?

With the Central Bank in the US starting to talk about increasing rates how does this change your current and future position? Excessive amounts of financial debt have become a common and often crippling issue for many people in recent years. Below are discussed some of major effects or consequences of having too much debt…
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Federal Budget 2017

The Federal Budget released on 9 May 2017 by the Treasurer was, in many respects, a welcome relief for both pre-and post-retiree individuals given the plethora of changes to superannuation and income streams announced in the 2016 Budget, with most of those changes to take effect from 1 July 2017. This latest Budget appears less…
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The Pension Cap, defined benefit pensions and market linked income streams

We have previously considered the effect of the new pension transfer cap on account based pensions and TRISs (whilst retaining their pension categorisation, TRISs will not count against the pension transfer cap from 1 July 2017), other pensions such as defined benefit pensions and Market Linked Income Streams have to be also considered in the…
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