Ten Talents Wealth Management - AU

DIY or outsource your debt management Debt management companies are private organisations that can assist by: consolidating and simplifying multiple debts, helping to develop a sensible repayment plan, negotiating with creditors to: alleviate pressure on householders, and satisfy creditors’ immediate payment concerns. Sometimes, they ...

Do you have a valid and up-to-date superannuation death benefit nomination? Find out more about the death benefit nomination inside super in this article.

Superannuation Death Benefit Nominations Even if you’re not wealthy, your estate plan should be regularly reviewed to ensure it considers your changing family situation, financial assets and relevant legislation.

Active or Index Funds: What’s the Difference? - Ten Talents Wealth Management AU Ever glanced at a list of different managed funds and wondered why some have remarkably low fees compared to others? Chances are, the ones with lower fees are index funds, also known as passive funds, while the higher fees are generally associated with active funds. Over the last couple of decades,....

Take advantage of the Super 5-year concessional cap carry forward rule Carry forward super contributions Carry forward super contributions are for before-tax contributions, enabling you to make up for past years when you may not have utilised all your concessional contributions cap. Broadly speaking, personal concessional contributions reduce your taxable income and ta...

A Superannuation Guide for Self-employed At present, self-employed Australians are not required to contribute to superannuation. A report by ASFA into Superannuation and the Self-employed in 2016 revealed that compulsory superannuation contributions for employees mean that only 7% have no superannuation, whereas almost one quarter of the s...

A Roadmap to Retiring Young - Ten Talents Wealth Management AU Early retirement, as a concept, means different things to different people. Therefore, the first step on the road to your early retirement is to be clear about what it will look like, starting with: • Timing: when do you want to retire? • Lifestyle: what do you plan to do? Think travel, hobbies,...

The Risk of Rising Retiree Debt The growing number of Australians retiring with household debt leaves more retirees exposed to interest rate fluctuations.

Inherited Issues -Australia’s Largest Wealth Movement More than $3.5 trillion in inherited funds are expected to change hands within Australia during the next 20 years , with Australians enjoying one of the highest inheritance payout rates anywhere in the world. According to investment bank HSBC’s Future of Retirement report, Australians pass on aver...

Identity theft not only causes financial loss, but can severely affect your credit rating into the future. Here're some ideas of how to protect yourself.

7 Tips to Protect Your Identity - Ten Talents Wealth Management AU