SMSF Advice & Administration
SMSF Formation
Whilst we are not permitted to advise you about commencing or closing a SMSF other than in relation to taxation and administrative aspects, we are able to facilitate establishment and wind up of your SMSF. Superannuation law is complicated and ever changing. Our superannuation establishment and wind up workflows include comprehensive checklists to ensure fund parameters are appropriate, important issues are considered, and important documentation and registrations are in place as part of the process.
Quality documentation is vitally important for an SMSF so we only use specialist SMSF legal suppliers for our deeds.
Superannuation & SMSF Advice
Constant changes to the rules and grandfathering of most previous rules in super makes a complex matter of all but the most basic circumstances in superannuation, including Investments within in an SMSF. Whilst we are not permitted to advise on superannuation as an investment product, we are able to advise you on important taxation issues and opportunities and on the requirements to correctly administer your fund.
On more complicated and specialised issues, we have the support of Heffron SMSF specialist advisers who are very well reputed in the industry.
SMSF IRR & Benchmarks
Trustees of SMSFs are often in search of a simple measure of how their fund has performed so they can make rough comparisons with the performance of other funds in the market place with similar asset allocations / risk profiles.
As part of our annual administration and compliance workflow we provide all of our SMSF clients with a whole of fund Internal Rate of Return (IRR), along with a collection of benchmarks we compile to allow a broad comparison with the market performance of some basic asset classes.
SMSF Administration
Administration of SMSFs including preparation of financial statements and regulatory returns is a segment where there are numerous bulk low-frills suppliers emerging and providing low cost basic SMSF administration. Often these providers offshore their processing to reduce the cost. Whilst a few hundred dollars can be saved here and there, in our experience this can be a false economy. To achieve the best overall outcomes for family client groups it is sometimes best for us to have close visibility of, and regular involvement in your SMSFs activities, to tie it in with our other services and provide an independent additional set of eyes over it.
Our SMSF administration service uses the Class platform which is the leading supplier in the sector. We also utilise our ongoing subscription and relationship with Heffron where specialist advice is needed.
