Super Executive

Super EssentialsThis economical service is specifically designed for trustees who desire administrative, compliance and investment assistance to take advantage of the SMSF environment for its transparency, flexibility and control benefits by limiting the underlying investments (for example, direct property only or term deposits etc).

Areas of assistance:

Establishment

  • Setting up the funds trust deed and completing the trustee declaration requirements (required by all trustees).
  • Establishing the SMSF Investment Strategy to ensure the fund meets the needs of all of its members (required by all funds).
  • Assessing the viability, costs and benefits of rolling over your current superannuation into an SMSF.

Compliance

  • Ongoing compliance support to ensure sure your fund is compliant and meets the current regulation and legislative regime.
  • Assistance with general superannuation regulative and legislative changes and updates.

Day to day maintenance

  • Ongoing communication with your accountant, administrator, lawyer or professional third party to assist in managing your fund.
  • Providing a one stop Mailing House facility by receiving mail relating to your fund.
  • Maintaining accurate financial records to facilitate completing the annual tax return including assistance with the calculations of capital gains and/or losses.
  • Providing ongoing administrative assistance to relieve the burden throughout the year and at tax reporting time.
  • Managing communications, correspondence and general paperwork associated with your underlying investments.
  • Provide consolidated reports to your accountant and/or administrator.
  • Providing Telephone support.
  • Providing advice on any corporate actions.
  • Providing annual fund performance reporting and detailed investments reports, and year-end market valuation reports to ensure your fund is performing as expected.

Investment and strategic advice

  • Annual assistance with investment and strategic advice.
  • Superannuation contribution strategies to maximise salary sacrifice, government co-contributions and spouse contribution tax offsets where appropriate.
  • Investment recommendations, to ensure the fund maximises its potential performance, transparency and flexibility. The investments can be a diversified portfolio of cash, fixed interest, managed funds and direct property.
  • Borrowing for property purchases within superannuation and liaising with the necessary third parties, including the bank.
  • Assistance with concessional and non-concessional contributions caps and their tax components to avoid penalty interest costs and to minimise personal tax paid.
  • Provide appropriate personal insurance recommendations where required.
  • Provide estate planning and/or beneficiary nominations advice.

Administration

  • Assistance with recording benefit payments & their tax components.
  • Assistance with the maintenance of member fund information.
  • Preparation of financial data for Income Tax Return.
  • Assistance with the preparation of minutes & resolutions of trustee/member meetings.