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Transfer FAQ

The  SMSF transfer questions frequently asked by our clients have been listed as below, please feel free to contact us if you have any other questions.

Are there any restrictions on any investments?

No. iCare Super does not have any restrictions. You can investment ASX listed shares, overseas shares, domestic/overseas properties, collectibles, artwork, cryptocurrencies and options etc.

Are there any restrictions on trading platforms or broker accounts?

No.

Can iCare Super get data feeding automatically from banks or broker accounts?

Yes. We do not need data feeding to prepare SMSF tax return. However, if you would like us set up the data feeding for your SMSF, we will use cloud based software, such us Class Super or Simple Fund 360 to get the data. The fees are about $165-275 and need to be paid to iCare Super annually.

Please note majority of clients do not use date feeding software at this stage, it is your choice.

Does iCare Super’s monthly fee of $77 cover audit fees?

Yes, it covers tax return, financial reports and audit costs. However it does not any services provided by third parties or fees paid to ASIC or ATO, such as actuarial certificate, ASIC review fees and ATO levy etc.

What do I need to do for signing up iCare Super’s services?

Please provide provide the details for your SMSF by clicking here.

Alternatively, please email us your SMSF’s name, TFN, ABN and current administrator’s contact details.

How I can pay iCare Super’s monthly fees?

Our fees will be paid by direct debit. We will email you the direct debit form to debit monthly fees from your SMSF bank account.

Can I pay iCare Super 12 monthly fees in one lot when iCare Super finishes the annual return and audit?

No. iCare Super’s fees need to be paid monthly by direct debit.

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