Tailored advice for SMSF trustees, financial strategies and investment advice
Accountants will add value beyond basic SMSF administrative functions
As a trustees, you will benefit from our personal advice and strategic guidance, giving you the best chance of maximising your fund to achieve your retirement goals.
Data is showing us that Trustees are now spending increasingly longer each month running their SMSF, especially in relation to ongoing monitoring and reporting, keeping up to date with regulations and necessary paperwork. This is especially the case for those funds who are not yet in pension phase.
Our personal advice is backed up cutting edge technology solutions give you easy online access to your personal SMSF data and information. We have found this mix of personal services with an online portal gives our trustees the best chance of achieving their goals.
Management & administration services
Correspondence with clients in regards to minimum pensions and Contribution caps
Monitoring compliance with SIS and ATO regulations
Automated data feeds including bank accounts
Maintenance of trustee and fund records
Access to technical information
Mail house facility including scanning and storage of documents
Password protects, encrypted file and data portal
Storage of all fund records
Ongoing bank reconciliation
Ongoing updating of investment values
24/7 access to your SMSF
Daily processing of all transactions
Data review and rectification service
Assistance with Fund payments including property expenses
Tracking of asset allocation
Overview of Pension and benefit payments
Section 290 Notice for concessional contributions
Assisting with Rollover of funds into SMSF
Assisting with opening Bank, Term Deposit and Broker Account
Share transaction settlements – Purchases and Sales
Assisting with Property Management including issuing invoicing
Document Management Portal including Reports
24/7 access to document management system
Assistance with Limited Recourse Borrowing arrangements with the Banks
Communication & reporting services
Annual reporting & review
Face to face meeting
Email and phone support for all Super queries
Superannuation updates and newsletter
Invitation to events and education sessions
Access to personal accountant
Quarterly reporting & review Including Reports uploaded to Document Portal
Weekly Reporting and reconcilation of investments
Weekly updating of investments where appropriate
Contacting Brokers, Investment providers and settlement agents
Weekly Bank account listing and reconcilation reports
Access to your peronsonal Manager and Director
Trust deed amendments for change of Trustee/s or Directors
Trust Deed update service, for changes to rules and regualations
Provision of Year End Checklist
Facilitation and liaison with Auditor
Preparation of Financial statements Including Member statements and Tax return
Preparation, lodgement and Payment of BAS, PAYG
Annual ASIC corporate trustee renewal return
Assistance with ATO audits or reviews
Facilitation of actuarial and legal services
Transition from another provider
Winding up a fund (may require SOA)
Annual Centrelink Review statement assistance
Assist with brokers forms and payment
Administation of share trades
General accounting and SMSF Consulting
Pension Establishment (may require SOA)
SMSF Technical Advice
Transition to another provider
Statement of Advice (SOA)
Establish SMSF as individual (may require SOA)
Establish SMSF as Corporate Trustee (may require SOA)
Annual Audit of fund
The ASC Promise
The dedicated SMSF team at ASC are devoted to ensuring all aspects of your superannuation is fully compliant and all areas of your fund administration is provided to you in an efficient, friendly and highly professional manner.
ASC can assist with:
- All day to day administration and compliance requirements of your current SMSF, or
- Establishment of a new SMSF.
Once your SMSF is set up and running we can help you manage your SMSF and ensure you are kept up to date with any changes in the rules and regulations.
ASC simplifies your SMSF
As the name suggests, Self Managed Superannuation requires a firm commitment from you.
We are here for those who want to have control of their superannuation without it demanding you devote yourself to all the compliance and administration an SMSF can require.
Ensuring you and your fund are Compliant
ASC has built a solid reputation in providing compliance services and advice to our SMSF clients in Perth.
Our team of experts have broad range of experience and technical knowledge, that they draw on to advice you on your personal situation.
We focus on avoiding any compliance issues for you and offer all the help we can to ensure your fund is compliant and there is no chance of incurring any unnecessary costs and penalties as a result of noncompliance.
- Assisting you to understand the rules of an SMSF and minimise exposure to any risk
- Should any issues arise we can assist with negotiation with the ATO on your behalf
- Assisting with ATO audits and rectification of breaches
- Resolving complex compliance issues
- Providing advice on complex transactions
We are able to consult on wider strategic superannuation initiatives and provide tax planning and consulting services.
Financial Reporting for your SMSF
It is important that our reporting is detailed and comprehensive. We ensure our clients are able to get an immediate snapshot of their fund and then via industry leading software, BGL, ASC generates a variety of reports for our clients.
Many of our clients look to fund their retirement income by moving their accumulated superannuation benefits into a pension phase. As a SMSF Trustee there are many issues you need to consider when starting a pension.
ASC can help and guide you through this process to ensure the best possible outcome for you and your fund members.
Give us a call or email to discuss your SMSF needs.
Setting up and managing your own SMSF can be a daunting and expensive task, especially if you get it wrong.
Got a question? Or to book a FREE appointment to discuss your situation, drop us a line to discuss your personal situation.