Trustee Direct SMSF Service Fees
Direct Trustee Fee Schedule from 1/7/2025 (GST inclusive).
May be annually indexed by CPI.
New Establishment Options/Fees
SMSF with Individual Trustees
$390
SMSF with Corporate Trustee
$1,128 including ASIC fee $611
SMSF with Corporate Trustee & UK Pension HMRC Approval
$1,630 including ASIC fee of $611
Transferring Administration
Transfer of Admin to SMSF Alliance
Nil
Prior Year Returns 2
Check for Special Offers as $0 to $2,232 plus ancillary and audit fees
Transfer of Admin from SMSF Alliance
$296
Ongoing Administration Common Options/Fees
(due when end of year accounts are prepared unless indicated otherwise)
Platinum Service
Base administration fee paid monthly 1, 2
$2,232 yrly ($186 p.m.)
Auditor using our panel auditor 3
$594
Corporate trustee office & maintenance (excl ASIC)
$123
Property
$262 per property
Limited Recourse Borrowing
Free if institutional or unrelated lender, $257 if related party lender
BAS lodgement (if registered for GST)
$280 per annum if lodged quarterly or $168 per annum if yearly
Actuarial Certificate by panel provider if required
$347 for account-based pension
Pension maintenance based on the number of existing pensions at 30/6
Free plus $128 per pension > 4
Pension starts, stops & resets
Generally Free or $337 if starting balance rework required
Unlisted Companies & Trusts (inc platforms with no data feeds) 5
$262 each
Non-Platform held Foreign Assets or Crypto Trading Accounts
$262 each
Choice of central bank account
Unlimited – Macquarie CMA preferred 4
Non-approved Wrap, Direct Fixed Term Deposits, Direct Managed Funds
Unlimited
Ongoing Administration Less Common Options/Fees
(due when end of year accounts are prepared unless indicated otherwise)
Platinum Service
HMRC QROPS reporting
$280 per annum
Segregation for Risk Profile or QROPS with separate cash accounts
$262 with separate cash accounts or $502 if they are not operated independently and require rectification
Segregation as above but without separate cash accounts
$391 per asset
Manual entry Accounts per transaction
1 - 24, $83, or 25 - 99, $129, or 100 - 249 trans, $262, or > 249, $390
Base fees paid other than monthly
$245 per annum
One Off Optional Costs & Services
(due as incurred)
Complex analysis inc liaising with ATO, lawyers, etc.
$391 per hour
Corporate trustee establishment
$738 including ASIC fee of $611
Change of fund membership
$128
Change of company name
$625 including ASIC fee of $503
Change of Trustee
$391
Death Benefit Processing
$502
Health Check 6
$225 but credited against the cost of subsequent work
Deed Upgrade
$505
Arm’s Length LRBA with corporate trustee – deed, minutes & company
$1,351 including ASIC fee of $611
Related Party LRBA with corporate trustee – deed, minutes & company
$1,742 including ASIC fee of $611
Payment Dishonour Fee
$15 plus bank fees
Rectification of ordered documents due to trustee error 7
$245
Reworking of accounts due to trustee error 8
$424 plus audit fee if applicable
Relationship breakdown benefit splitting, inc membership change
$429
Windup (in addition to standard administration fees)
$1,298 plus ancillaries
Direct Trustee Fee Schedule from 1/7/2025 (GST inclusive).
May be annually indexed by CPI.
Free Services
Binding Death Benefit Nomination
Our free death benefit nomination template suits most scenarios.
CentreLink Schedule
Advise us if your fund includes a member on social security and we will prioritise its processing to ensure reporting timeframes are met.
Contribution Monitoring Reports
Our online reports track contributions against caps. Data is updated daily.
Document Store
All fund documents are retained in a secured digital environment, accessible by authorised trustees via the portal.
Electronic Signature facility (Docusign)
Where legal, and acceptable to trustees, we use electronic signatures.
Investment Strategy Documentor
Our investment strategy documentor is the most advanced in the sector at documenting the decisions that trustees have made.
Lump sum benefit payment including rollout (excluding windup)
Unlike most other administration providers, we do not charge for this service.
Mailbox
Unlike many administration providers, we do not charge for this service.
Non-complex, adhoc, technical assistance & support excluding advice
Our SMSF technical expertise ranks with the best in the sector. It is unlikely for an issue or strategy to arise that we have not dealt with previously.
Online Reporting
We offer a range of online reports, backed by ongoing data processing, designed to provide real time information to enhance your strategic decisions.
PAYG payment summary
Unlike most other administration providers, we do not charge for this service.
Pension Monitoring
Our online reports track contributions against caps. Data is updated daily. We also provide free auto commutation services for benefits drawn over the pension minimums to optimise each members transfer balance account.
Notes
- When a new Fund is established, the monthly administration fee begins from the first day of the month following inception. By way of clarity this means that a new fund, commenced on January 15th, would be billed 5 monthly instalments, until June 30th. If there is a delay in receiving cash into the fund’s bank account, the fee may be reduced to $34 per month for that period.
- When an existing Fund transfers to our service it will be liable for the monthly administration fees applicable to the service from July 1st as the administration period covers the full financial year. There may be previous year’s accounts to be completed as well. We may provide a fee waiver, but conditions will apply – generally the fund must remain on our service for three full fee-paying years, or the waiver will be reversed.
- The base audit fee is not controlled by us so may differ from this published rate. It also includes a preparation component. Additional fees will be charged for contravention reports and certain investments.
- We do not provide investment advice or receive any product inducements. The Macquarie CMA has greater administrative functionality than other products, so it provides us with enhanced administrative capabilities including allowing us to pay fund tax. Similarly, AMM reliably downloads to our systems so is an administratively efficient fixed interest solution.
- Due to strict audit requirements this investment type requires us to investigate its underlying asset and accounting details each year. We may ask for extra information and may not be able to complete the super fund’s returns until the investment’s tax returns have been completed.
- The Health Check provides an overview of the fund’s deed, establishing documents, binding death benefit nominations and pension documentation. Historically we have found the need for further action in around 70% of the funds that have transferred to our service. We provide a list of recommendations as applicable. If any items require chargeable action, we credit the Health Check fee towards them in full.
- This applies where submitted applications contain incorrect information – wrong or incomplete trustee/director names, etc. – discovered after we have produced all documentation and/or reported to ATO/ASIC necessitating rework and rectification.
- This applies where confirmed information provided to us is changed after the year end financials have been produced – e.g. confirmed non deductible personal contributions altering to deductible – requiring the creation of new accounts and, possibly, rechecking by the auditor.