| Home
> For New Clients > Existing
SMSF's |
| For
existing SMSF trustees there often comes a time when out grow
your existing provider of SMSF services. It may be you wish
to fully utilise the features of your SMSF or the existing
accounting service can’t do the work in a timely or
efficient manner. Whatever the reason we can easily take over
the administration and accounting work of your SMSF.
The
first question you may ask is: I’m moving from
my existing provider, what if I want to move from Super
Plus, how easy is it?
Well the good news is we don’t have many SMSFs
that move from us, but on the rare occasion it occurs
we make it as easy as possible. We’ll complete
any outstanding work in a timely manner and provide
every assistance possible to help you transition to
your new provider! |
The steps taken when transferring your existing SMSF to Super
Plus:
You
or your adviser completes Existing Fund Form (Include
all fund records you have). |
|
The
Existing Fund Form provides us with the key information
of your SMSF. Also try and include the information you
have, trust deed, fund minutes, Investment Strategy, if
in doubt send everything and if not needed we’ll
return it to you. |
|
|
|
S/P
sends Ethical Letter plus Termination Letter to
existing accountant. |
|
We
always send an ethical letter to the previous accountant/tax
agent. It’s the professional way to proceed and
helps ensure they provide the information they hold on
your SMSF. |
|
|
|
S/P
checks file for missing docs and prepares replacements
if required. |
|
It’s
vital all compliance documents exist, the auditor will
need to see them, but more importantly significant compliance
problems may occur if the fund hasn’t operated correctly.
This includes trustee and member consents. |
|
|
|
S/P
prepares an Admin Agreement, duplicate bank statement
request, fee & tax payment authority for the
agreed account eg for the Macquarie CMT. |
|
We
have an administration agreement that clearly sets out
what we do and don’t do. It also sets out what you
the trustee need to provide us with to enable us to the
best job for you. |
|
|
|
S/P
imports previous accountants history (if software
compatible) or we enter opening balances and investment
cost bases. |
|
We
receive and load the financial details of your fund onto
our accounting system. We also obtain the previous accountants
accounting export file if they use the same software as
this greatly assists in the process and has the added
benefit of providing the recent financial history. |
|
|
|
S/P
changes investment mailing addresses. |
|
Super
plus usually acts as the principle mailing address for
each SMSF. This enables us to process work as received
throughout the year and removes the need to always be
chasing the trustee for information, leaving you to get
on with relaxing. |
|
|
|
S/P
completes outstanding years work where required.
Finished
your fund is ready to go!
|
|
We
complete any outstanding financials and now have the fund
ready for current and future administration. |
Only
a Phone Call away
We
know you can be unsure of what may be occurring during
the transfer process, so if at any time before during
or after a transfer should you have any queries or concerns
just give us a call.
|
|
