Self Managed Superannuation Fund (SMSF)
A Self Managed Superannuation Fund (SMSF) is a trust where money and investments are held and managed on behalf of the members. The fund’s purpose is to provide benefits to members on retirement or death. SMSF’s give people control over their super, they provide greater investment flexibility and are perfect vehicle to implement tax-planning strategies that take advantage of tax concessions afforded to superannuation savings in Australia.
Would you like control and flexibility over your retirement savings and decide how they’re invested? Have you considered setting up a SMSF?
SMSF services are provided by SMSF Advisory, a specialist division of FMS Group dedicated to providing excellence in SMSF advice and management. We provide comprehensive SMSF Accounting, Compliance and Administration services. FMS take care of the fund set-up if you’re looking to establish a fund. If you already have an existing fund we can assist you to transfer your fund to our service. We handle the fund’s paperwork – tax returns, member contributions statements and the annual audit.
Our SMSF Services
We cover the process from start to finish, let us help you take control of your financial future!
Establishment
- Superannuation trust deed
- Fund tax file application
- Australian business number applications
- ATO trustee declarations
- Resolutions to establish a SMSF
- Notice of election to become a regulated fund
- Minutes and membership application forms
- Notification of beneficiaries form
- Rollover documentation
- Tax invoice statement confirming your payment details
Ongoing
- Pension set-up
- Pension maintenance
- Rollovers
- Lump-sum withdrawals
- Rollouts
- Wind-ups
- Change of trustee
- Updating the trust deed
- Changes to investment strategy
- Minutes
- Pay-as-you-go instalment payments and requests
- Preparation of business activity statement (if required)
- Payment of insurance
- Requisition to settle payment requests
- Segregation of fund assets