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Free transfer from Squirrel

Squirrel Superannuation Services Pty Ltd has been in liquidation following the court order Squirrel Limited v Cadmon Advisory Pty Ltd

Consequently, administrators have been appointed to liquidate Squirrel Super and ASIC has published the Notice of Appointment of an Administrator on 21 August 2019.

We understand that most of Squirrel Super SMSF clients may be only made aware of this development recently.

We have received lots of phone calls and emails from stressed Squirrel Super SMSF clients to request our help to transfer their SMSFs to iCare Super. Some of them claimed that Squirrel is still deducting monthly SMSF administration fees from their SMSF bank accounts.

If you are one of the Squirrel existing clients and would  like to use our free transfer and ongoing SMSF compliance services, please take the following steps:

  • you may need to instruct the bank (Macquarie Bank or others) to stop Squirrel’s monthly debit as early as you can
  • please fill in this transfer form “Free SMSF Transfer”
  • we will contact you to request all the documents you have and sent them to us
  • we will send Squirrel Super an ethical clearance letter to request all the documents and information they have for your SMSF

We will try our best to find out the status of your SMSF from Squirrel Super and bring all the lodgements for your SMSF up to date.

Our SMSF transfer services is free of charge and the SMSF costs for any overdue lodgements are $924/year, audit included.

If you need any urgent help to deal with ASIC or ATO for your SMSF currently managed by Squirrel Super, please contact us on 03 9557 4079 or via email info@icaresuper.com.au


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