Establishing a Self-Managed Superannuation Fund
We can manage the set-up process for you, making a complex process easy. We can give you guidance on your responsibilities as the Trustee of your SMSF.
You can set your SMSF up to suit your current life stage and then it can progress to reflect the changes in your life as you get closer to retirement and enter retirement. For example, during the years when you are able to contribute to your SMSF you can use it to accumulate funds and when you have sufficient funds, invest. At age 55 you can start a transition to a retirement pension and at age 60, should you be able to, you can enter full pension mode.
Naturally it is important to understand the costs involved in setting-up a SMSF. We can advise you on that and manage all the compliance requirements related to set-up and ongoing management of your fund.
In summary the services we can offer you for your SMSF are:
- set up of the SMSF including trust deeds, and all related documents, including completing all relevant registrations
set up of a company to act as a corporate trustee, and corporate secretarial services as required
preparation of annual financial statements, tax returns and member statements to ensure compliance with legislation
provision of audit services (via a third party)
provision of actuarial services for pension funds, as required (via a third party)
provision of our time on an as needs basis to answer any questions you may have, including compliance with the Act, and general investment queries.
services with regards to your investments such as advice on the following
- Basic Deposit Products (limited to bank transaction accounts) ; and
- Establishment and winding up of an SMSF;
- Commencement of a pension (Transition to Retirement and Account Based);
- Limited Recourse Borrowing Arrangement Structuring
- Rollover of existing superannuation plans; and
- Contributions: Concessional; Non-concessional; and In specie.
HA Harding & Co has been administering Self-Managed Superannuation Funds since 1992 and making the complex matters associated with them simple for our clients. To meet the new requirements we have set up a separate entity, HAH SMSF Advice Pty Ltd, which deals specifically with Self-Managed Superannuation Funds.
HAH SMSF Advice Pty Ltd is Corporate Authorised Representative No. 001237875 of the SMSF Advisers Network Pty Ltd, ABN 64 155 907 681, AFSL No. 430062.