SMSF Investment Strategy
How does it work?
The Australian Taxation Office requires the trustees of SMSF to provide an investment strategy on an annual basis to ensure all investments continue to mirror the Sole Purpose and circumstances of the fund. SuperHelp asks you to forward us your investment strategies yearly with your documents for your Fund’s Annual Administration.
Why it is important?
It is important that the investment strategy complies with Sole Purpose test at all times. When the investment strategy begins to deviate from the Sole Purpose of the fund, such as to access funds before retirement, acquire assets for personal use or to run a business using SMSF, the fund may lose its compliance purpose and be taxed at a concessional rate higher than 15%, with penalties.
What we do:
SuperHelp reviews your investment strategy annually to ensure the Sole Purpose Test is adhered to at all times. SuperHelp specialises in the accounting and auditing of your SMSF but do not offer financial advisory services. If needed, investment guidance can be obtained from an external advisor and fees can be tax deducted.
The information contained in the article may not be appropriate to your individual needs therefore you should seek personal financial advice before making any financial or investment decisions.
The information contained in the article may not be appropriate to your individual needs therefore you should seek personal financial advice before making any financial or investment decisions.
Book Your Free SMSF Consultation
Book your free consultation with me to find out if SMSF is right for you. If you have any other questions, we are happy to help!
Why is SMSF Set up so affordable at SuperHelp?
SuperHelp has been servicing the SMSF market for over 15 years. We pride ourselves on being able to provide an affordable SMSF service without compromising on quality. One of these services is to provide new members with setting up their SMSF at an affordable fee when they use our award winning service.
Do I need to use a specific bank, broker or provider?
Unlike other SMSF administrators and accountants we do not restrict you to what bank, broker or service provider you use. We are independent and do not take any commissions from other parties so that our clients can invest their super where they please.
How long has SuperHelp been around for?
SuperHelp have been around since 2002 - so over 15 years! While new SMSF administrators have come and gone, we are still around!
How much is your ongoing annual administration fees?
Our first year introductory offer for new SMSF or transferred SMSF are $899 + GST regardless of asset types. Subsequent years are dependent on the number of assets and asset types you have - please use our calculator to estimate your fee. You will find that our fees are very reasonable to the quality provided within the SMSF market.
Do you have an SMSF newsletter that I can sign up to?
Yes! We send out a quarterly SMSF newsletter to all of our clients and anyone interested in SMSF. You can sign up here :
Do you offer any other SMSF services?
Yes we do! You can see a full list of SMSF services on our services page.
Contact Us
SuperHelp is located in Macquarie Park, NSW however we work with clients all around Australia.