Are Self-managed Superannuation Funds (SMSF) Right For You?
SMSF’s are the fastest growing superannuation environment today and the reasons for that aren’t rocket science!
Sevrices
1. Fund Administration: Intellisolve provides administration services ensuring everything runs smoothly and for less cost than industry averages.
2. Fund Establishment: Intellisolve provides a low cost, establishment service.
SMF Administration
Depending on your needs, our SMSF administration service can include the following:
- Electronic storage of various SMSF records;
- Maintenance of member components and preservation status;
- Preparation of minutes and supporting documentation;
- Preparation of lump sum, rollover, pension commencement & pension commutation documentation;
- Calculation of allowable pension levels;
- Optimisation of income tax obligations;
- Preparation and submission of PAYG summaries and statements
- Maintenance of capital gains tax records;
- Facilitation of actuarial certificate and solvency certificate if applicable;
- Delivery of annual financial statements & financial report;
- Lodgement of ongoing tax obligations (activity statements);
- Preparation of SMSF annual return;
- Lodgement of SMSF annual return;
- Completion of compliance review and creation of compliance deficiency redress documentation;
- Notification of compliance deficiencies.
(Note): SMSF external annual audit INCLUDED thus representing outstanding value!
SMSF Establishment
All fund establishment requirements are included as below:
- Trust deed;
- Corporate trustee (where applicable);
- Minutes of meetings;
- Member application(s);
- Consent(s) to act;
- ATO trustee declaration(s);
- SMSF life-long compliance documentation;
- Fund investment strategy and member’s life insurance review template;
- Signing package;
- TFN and ABN registration and,
- GST registration (as applicable).
(Note): From time to time as may be necessary, we can arrange for you to receive a personalised Statement of Advice (SoA) i.e. the financial advice document as only available from a licensed financial planner holding the requisite ASIC RG146, SMSF accreditation. This documents should allow you to make an informed choice as to whether or not starting, varying or closing your own fund s right for you as well as which investments you might wish to buy, hold or sell, as we cannot influence you in that regard.
