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  • By Kofkin Bond & Co / March 30, 2017

    The introduction of the $1.6 million transfer balance cap, effective from July 1 this year, will impact the estate plans of many superannuation members. This article reviews the role of insurance as part of an SMSF’s investment strategy and the changes that people may need to make.

  • By Kofkin Bond & Co / March 22, 2017

    Heres a good one for all of the Accountants and Trusted Advisors in the room where appropriate planning might assist you with:

    • Access tax deductions up to $30,000 under 49 years and $35,000 over 50 years (may become subject to work test) through concessional contributions. To be reduced to $25,000 across the board as at 1 July 2017.;
    • Bring forward next year’s concessional amount in this financial year, i.e. claiming for two years of concessional contributions in one year (i.e. between $55,000 and $60,000 concessional contributions this financial year).
    • This strategy would best be suited to those self-employed, operating a Self-Managed-Super-Fund (i.e. not receiving Superannuation Guarantee payments

  • By Kofkin Bond & Co / March 10, 2017

    Benjamin Franklin said that “an investment in knowledge pays the best interest”, but given the rates of interest on offer at the moment and the spiraling costs of education, saving enough to fund your kids’ or grandkids’ education can be a real challenge.

    Wouldn’t it be great to know that school fees were covered? One less big ticket item to worry about, and the confidence of knowing that you are in a position to make the best educational choice for your child, without being unduly influenced by the price tag.

    Education, particularly private education, can be monumentally expensive. For the vast majority of Australians, unless they win the lottery, they will be paying for education as they go, and feeling the pressure. As returns on savings attract tax, attempts to save consistently for a long-term goal can feel like one step forward and two steps back. Super is great from a tax perspective, but it’s not much help if your children will be starting school before you’re 65.

  • By Kofkin Bond & Co / March 8, 2017

    What should you do next?


    “I believe that Australian and world resource and bank equities plus US stocks are currently in a massive bubble which could burst, perhaps over the next year or two, or at least see a more serious correction in the short term.” That’s the answer I currently give existing and new clients when they ask about our current strategies, which is in line with our research companies current views {Morningstar} and reflects our current asset allocations in our direct funds.

    “Holding Cash is uncomfortable, but not as uncomfortable as doing something stupid with it” Warren Buffett

  • By Kofkin Bond & Co / February 22, 2017

    Kofkin Bond & Co, is a privately owned financial services firm providing innovative and holistic wealth management solutions to high net worth individuals and SMEs.

    We currently have a client services administration position perfect for someone currently studying and majoring in Financial Planning. For the right person, the role can lead to the opportunity for career development upon completion of their studies.

  • By Kofkin Bond & Co / February 10, 2017

    By Ashley Owen on February 9, 2017  also our KBAC notes added


    One event that grabbed headlines around the world in late January 2017 was the Dow Jones Industrial Average finally hitting 20,000 for the first time. The ‘Dow’ is the world’s oldest and most widely followed stock market index but it is also deeply flawed. It only tracks 30 stocks and they are not the largest stocks in the US by any means. The weighting of stocks is almost arbitrary and is based on the nominal share price of each stock and not on their relative revenues, profits, market values or importance. Despite the flaws, it is symbolic and it provides a reasonable proxy for US stocks in general. All other indexes of the US stock market have hit all-time highs recently, so the US market is hot.

  • By Jamie Ardern / September 2, 2016

    An extra 50,000 Australians will receive the FULL Age Pension from 1 January 2017, and at least 326,000 Australians will lose some or all Age Pension entitlements from 1 January 2017.

  • By Jamie Ardern / July 26, 2016

    Unfortunately we have had a number of insurance claims over the past 2 years especially, with regards to trauma insurance for clients aged 44-67 totaling in excess of $4,000,000. But unfortunately insurance claims don’t just affect older clients but sometimes the very young.

  • By Jamie Ardern / July 26, 2016

    In our opinion, trauma insurance is one of the most important insurance contracts that our clients should have. Over the past 4 years we have had several trauma insurance claims ranging from a $180,000 partial claim to $1,000,000. This has prompted me to write the following article on Trauma Insurance and the logical approach to how much cover is enough cover. Thankfully we have never had a trauma insurance claim not paid.

  • By Jamie Ardern / July 26, 2016

    Self-managed superannuation (SMSF) trustees, who are more likely to be receiving financial advice than non-trustees, are more confident they will meet their retirement needs compared to non-trustees, according to research.