We receive regular phone calls and emails to ask how to transfer SMSFs from ESUPERFUND to iCare SMSF.
This article should answer most of questions we have come crossed so far.
For any ESUPERFUND clients who want to transfer their SMSFs to iCare Super, please fill out this form:
Steps after we have received your transfer form:
Why should I transfer my SMSF from ESUPERFUND to iCare SMSF?
What information do I need to get from ESUPERFUND and provide them to iCare SMSF?
It is very important that you get the historic purchase prices for all the investment held in your SMSF from ESUPERFUND. Normally , they should provide it to you in an excel spreadsheet.
The following information and documents are required to bring your SMSF onto our administration system:
Will ESUPERFUND refund any prepaid fees?
Please ask ESUPERFUND directly if they can refund your prepaid fees or not.
If I need to lodge previous year tax return, can iCare SMSF help?
Yes, you do not need to request ESUPERFUND to finish your outstanding tax returns if they have not started as yet.
We will finalize for you and lodge them with ATO.
Can I close the bank/broker account opened by ESUPERFUND?
Yes, you can arrange the closure of any bank/broker accounts that you do not wish to keep for the Fund.
Do I need to wind up my SMSF set up by ESUPERFUND?
No, you do not need to wind up your SMSF to use our services. Your SMSF is still the same one with the same TFN and ABN.
Do I need to change the ESA after transferring my SMSF to iCare Super from ESUPERFUND?
No. However, you are encouraged to apply for a new one using this link: ESA
Does iCare SMSF have a list of allowable investments?
No. You can invest anything as long as your SMSF trust deed, investment strategy and SIS Act allows you to do so.
Does iCare Super have automatic data feeding for all the transactions for my SMSF?
Yes, we can arrange that using cloud-based SMSF software BGL Simple Fund. The BGL Simple Fund software subscription costs are covered by our annual compliance fee.
Please refer to this link for more details: SMSF Software Service Providers
If you have any questions in regards to the transfer process, please feel free to contact us on 03 9557 4079 or via email firstname.lastname@example.org