WELCOME TO ICARE SUPER – TRUSTED SMSF PROVIDERS IN MELBOURNE

Self Managed Super Funds Made Easy

With constant speculation about the government eventually doing away with pension payments for seniors, it will be superannuation that will fund our day to day lives once we reach retirement. Employers are currently required by law to make contributions into employee superannuation, with employees able to make additional contributions to their superannuation if they feel that the employer contributions will only stretch so far.

There are numerous superannuation funds available, ranging from industry specific funds through to ‘generic’ funds available from banks and other NBFIs. But it is the self managed superannuation fund that many investors are opting for while they continue to work until retirement. The leading SMSF providers at iCare Super can help you open a SMSF that enables you to take control of your financial future. Speak to a member of our SMSF adviser team in Melbourne today.

What is a SMSF?

A self managed super fund (or SMSF for short) is one of the best options for those who want to exercise control over their own superannuation investments. Self managed superannuation has been around for more than three decades. Today, it stands as the largest superannuation sector, given the huge size of its funds and assets as well as domestic and international investment opportunities.

If you’re interested in setting up a SMSF, the SMSF set up specialists at iCare Super can help you establish a SMSF in Melbourne and give you the necessary guidance and assistance to control your superannuation investments.

Who Owns and Manages Self Managed Superannuation Funds?

Self managed superannuation funds consist of trustees who control them and make each and every investment decision for the fund. It is these trustees who are responsible for taking care of the legal procedures, including organising the SMSF audit and annual tax filing. However, it must be noted that the Trustees don’t actually own the SMSF assets, but handle the administrative part associated with them. The actual owners are the members.

Comprehensive SMSF Services Available

At iCare Super, we’re committed to providing solutions that accommodate the needs of our SMSF clients. We therefore offer a variety of services designed to help you and your self managed super fund. Come to us when you need:

SMSF Setup

Establishing a self managed super fund couldn’t be easier with our free online SMSF setup service. Simply provide us with the details of the minimum required number of trustees / beneficiaries for your type of SMSF (minimum 2, maximum 4 for Individual trustee or minimum 1 and maximum 4 for corporate) and an iCare Super SMSF adviser will set up the account for you. We’ll ensure the SMSF complies fully with ASIC regulations to ensure you don’t run into trouble when you least expect it.

SMSF Transfer

Previously set up a self managed super fund with another provider, but now want to bring it over to iCare Super? We make the process of SMSF transfer stress-free and easy, taking just 2 to 3 weeks to transfer from your existing provider. Please note that free SMSF transfer services only apply to existing clients who currently hold an existing SMSF with us. If you’d like further information on how best to transfer your self managed superannuation to iCare Super, contact one of our expert SMSF advisers or check out our self managed super fund FAQs page for more details.

SMSF Accounting

Accountants play an important role in the management and operation of a self managed super fund, whether it’s an individual or corporate trustee account. Not only does an accountant maintain records and paperwork that ensure compliance with ASIC regulations, but they can also be responsible for:

• Keeping comprehensive purchase and disposal records for assets (e.g. property)
• Preparation and lodgement of BAS / IAS / PAYG and annual tax return
• Preparation of all minutes and trustee declaration
• Any assistance required with the preparation of yearly SMSF financial reports
• Any other expert SMSF accounting services

SMSF Audit

One of the key requirements in operating a self managed super fund is that the account is professionally audited one a year. An SMSF audit ensures that your self managed super fund is compliant with laws and regulations set by the Australian Securities and Investments Commission (ASIC) around superannuation. iCare Super offers comprehensive SMSF audit expertise for individual and corporate trustee accounts. We are approved SMSF auditors who will be able to determine where your super funds have been invested, ensuring they’ve been invested in a way that’s legal and doesn’t contravene ASIC laws.

SMSF Property Purchase

Did you know that it’s possible to purchase an investment property using the funds from your self managed superannuation? However, there are particular conditions the purchase must abide by in order to remain compliant with the rules of the SMSF. For example, the property must be used for investment purposes. iCare Super’s trusted and experienced SMSF advisers can discuss everything from SMSF property purchase fees through to different requirements regarding commercial and residential property purchases. If you’d like to speak to someone about using your self managed super fund to purchase an investment property, get in touch with the knowledgeable SMSF providers at iCare Super.

Your First Choice for an SMSF Adviser in Melbourne

iCare Super has been working in the self managed superannuation industry for a long time now. Having dealt with various SMSF types, we have gained hands-on experience and understand the core of SMSF in Melbourne. This allows us to provide first-rate solutions befitting our clients’ requirements. Some of our key services include but are not limited to SMSF transfer, SMSF setup, SMSF audit and SMSF outsourcing.

If you wish to discuss your superannuation needs with an experienced and qualified SMSF adviser in Melbourne, get in touch with the SMSF providers at iCare Super by calling (03) 9557 4079 or using the details on our Contact Us page.