Services for SMSF Trustees

SMSF's are our forte. We can provide assistance to SMSF trustees across all aspects of their superannuation fund.

Excel Financial Advisors provides a range of Self Managed Superannuation Fund management and administration services to assist you to grow your wealth through the use of a Self-Managed Superannuation Fund.  We are committed to providing both the technical strategies required to maximise your superannuation benefits and the administrative support to ensure ease of management of your superannuation fund.

SMSF Establishment

Our SMSF establishment service includes:

  • arranging registration of the trustee company (if applicable);
  • arranging the fund trust deed;
  • preparation of fund and corporate trustee consents, minutes and registers;
  • arranging execution of trustee declarations;
  • lodging election to become a regulated fund with the Australian Taxation Office;
  • obtaining an Australian Business Number and Tax File Number for the fund;
  • registering for GST and PAYG withholding (if applicable);
  • opening a Macquarie Cash Management Account (optional);and
  • opening a CommSec share trading account (optional)
  • arranging rollover of benefits from other funds (optional).

Annual Returns and Audit

Each year your fund needs to have financial statements and an annual return prepared.  You are required to have an approved auditor conduct an audit of the financial statements and the fund's compliance with superannuation legislation, before the annual return can be lodged with the Australian Taxation Office.  We prepare the financial returns and financial statements, and arrange the audit on your behalf.

Compliance Advice and Support

As a SPAA accredited SMSF Specialist Advisor, Stuart Fitzpatrick is able to assist you with any questions you may have in respect of compliance with the superannuation legislation and regulations, the fund governing rules, and ATO guidelines.  We can provide assistance with preparation of compliance documents such as trustee minutes, pension documents, and product disclosure statements.

Investment Strategies and Advice

Many fund trustees are comfortable choosing their own investments, but others seek professional guidance.  We're happy either way, but if you need some help Stuart Fitzpatrick is a Certified Financial Planner and SMSF Specialist Advisor.  He can help you establish an Investment Strategy to comply with the superannuation legislation and the fund governing rules, and can provide guidance on suitable investments in accordance with your Investment Strategy.

Estate Planning Strategies

For many people superannuation will be their largest asset, and this would be even more common when you have a self-managed superannuation fund.  Did you know that superannuation does not form part of your estate unless you specifically take action to ensure any death benefits must pass through your estate.  Without such action, any superannuation death benefits are paid at the discretion of the remaining trustees. 

Do you have specific wishes in respect of any superannuation benefits upon your death.  Let us help you ensure your wishes are carried out the way you want them to be.

Risk Management Strategies

Have you considered who would operate your fund if you were to suffer mental incapacity?  Will your superannuation be sufficient to provide for your dependants in the event of your death?  If you hold property in your SMSF would the trustee have to sell the property to pay death benefit payments?  Does your superannuation fund allow the payment of temporary incapacity benefits? 

Effective SMSF risk management strategies are as important as a good Investment Strategy.

Portfolio Management and Administration

Our specialist superannuation software enables us to provide an excellent portfolio management service.  Please refer to the "fundweb" demonstration accessed via the dedicated SMSF section of our website.

Occasionally SMSF Trustees just don't want to deal with all the investment paperwork.  We can assist keep this under control for you by acting as the mailing address for your fund and filing all the paperwork for you, while providing you with secure internet access to what's important as and when you need it.

Trustee Education

We are proactive in assisting our SMSF Trustee clients have access to the information which will help them maximise the benefits of the decision to take control of their own superannuation. 

Our website features a dedicated SMSF section with frequently asked questions, technical information, and short video presentations, we have provided a number of retirement planning focused calculators for your use, and we produce a monthly SMSF Newsletter. 

Stuart is available to answer any SMSF related questions you may have.