Take Control of Your Retirement, Set Up a Self Managed Super Fund
Rogerson Kenny Business Accountants are experts in Self Managed Super Funds, and will work with you to consider how as a business owner, you can benefit from setting up a SMSF.
Providing an exceptional experience is our promise.
We’re here to listen, understand, and deliver holistic solutions that surpass your expectations.
Combining your SMSF set up and your tax strategy makes sense.
Maximise your savings and reinvest in growth, at Rogerson Kenny Business Accountants we ensure your business operates at its most tax efficent capacity.
Our licensed SMSF specialists, work in step with our business advisors.
You will get a holistic view of BOTH YOUR BUSINESS AND PERSONAL FINANCIAL POSITION – giving you confidence in your SMSF Set up and retirement security.
ACCELERATE WEALTH CREATION WITHIN YOUR BUSINESS.
Implement tailored financial strategies to enhance profitability, secure assets, and drive sustainable growth for long-term success.
Drive innovation in your business with cutting-edge financial solutions.
Why Wait? Start Your Self Managed Super Fund Set Up Today…
Develop a robust
succession plan & ensure
a legacy beyond your retirement
Unlock new growth opportunities for your business
Our SMSF Advisors are Here To Guide You Setting Up an SMSF
Crafted by Leading SMSF Accounting Experts, our Specialist SMSF Trust Deed is meticulously designed to cater to the intricacies of SMSF Set Up.
Going beyond the basics, the trust deed considers critical aspects such as membership, contributions, income streams, and estate planning – ensuring your SMSF Set Up and financial future is secure. Our SMSF Accountants are experts at SMSF Set Up.
Your SMSF Set up includes a special Purpose Trustee Company, this is a superior choice over individual trustee SMSF Set Up. This special purpose company comes with its very own SMSF constitution, seamlessly aligning with our Specialist SMSF Trust Deed.
What’s more, our service covers the out-of-pocket ASIC fee for establishing this new company, a saving of over $600. This trustee company setup is a choice we highly recommend fpr SMSf set up.
Our SMSF Set Up is Comprehensive and Includes:
Consents, Minutes, and Bank Account Opening Kit
Consent forms for trustee and director appointments.
Minutes for establishing your SMSF and passing various resolutions.
Membership application forms.
Registration of the trustee company with ASIC.
Registration of the SMSF with the ATO, including TFN, ABN, and GST registration if needed.
We handle any queries the ATO may have, ensuring a smooth setup process.
Company Constitution (Specially Designed for SMSFs)
ASIC Incorporation Certificate
Various Documents for Shareholder and Director Resolutions
Why gamble on your retirement?
Arm yourself with our SMSF advice and make decisions that count.
Our professional advice is your secret weapon to a successful and complaint SMSF set up, whilst giving you the best opportunity of putting your SMSF wealth creation in the fast lane.
FREQUENTLY ASKED QUESTIONS
Do I need to have a good knowledge of investments to have a SMSF?
We suggest you have a basic understanding of investments and how they work, however its not essential. It is possible (and many clients do this) to outsource the investment function to a professional.
You will need to prepare and implement an SMSF investment strategy for your SMSF and review it regularly. The investment strategy needs to reflect the purpose and circumstances of your SMSF and consider several factors.
Learn More here
Can I have insurances through my SMSF, like I do in my retail/industry fund?
An SMSF can hold all the insurances a retail / industry super fund can. An SMSF can hold life insurance, Total and Permanent Disability Insurance (TPD) for “any occupation” and Income Protection Insurance. It is important to consider your insurances will align with a condition of release and that they are not “trapped” inside the SMSF when you need them.
SMSF trustees are legally obliged to consider insurances, as per their Investment Strategy. This however, does not mean insurance is compulsory, merely it needs to be considered. The SMSF trustees may deem that appropriate cover is held outside the SMSF.
We suggest you seek advice from an insurance professional when determining appropriate cover.
Is there anyone who can’t have a SMSF?
In most cases all members of a SMSF must be a trustee or a director of the trustee company. Anyone 18 years and over and not under a legal disability (i.e. Mental impairment or bankruptcy) can be a trustee unless they are a disqualified person.
A person is disqualified if any of the following apply:
- A person has been convicted of an offence involving dishonesty
- A person has been subject to a civil penalty order under the super laws
- A person is considered insolvent under administration
- A person in an undischarged bankrupt
- Has been disqualified by a regulator
If a person is any of these things, then they will likely be ineligible to be a trustee of a SMSF.
Can I buy property with my SMSF?
Your SMSF can buy any type of property that the trustees feel fits the investment strategy of their SMSF, however it is important to understand the specific rules that apply to owning and using a property that is owned by an SMSF.
This mean you can buy a commercial property, residential property, vacant land, farm land, etc. There are however restrictions with regard to property and SMSF.
Learn More here
Who can help me prepare my strategy for my SMSF?
There is a legal requirement for the trustees to have an investment strategy for an SMSF.
An investment strategy can be for the fund as a whole, or for each member (depending on the risk tolerances of fund members).
An investment strategy is a document that sets out how you plan to achieve the fund’s or member’s investment objectives. There is no prescribed format for an investment strategy (unless your trust deed says so), but it must reflect the purpose and circumstances of the fund and its members. An investment strategy is a fluid document that should be updated whenever circumstances in the fund change and should be reviewed regularly.
The investment strategy should consider such things as diversification of assets, liquidity of the fund’s assets, insurance, the ability of the fund to meet the needs of members (ie. ability to pay a pension) and the ability of the SMSF to discharge its existing and prospective liabilities.
The trustee must prepare the investment strategy, but can take assistance from others, such as an appropriately licensed financial planner.
What can an SMSF invest in?
SMSF members can invest in a way that is often unavailable in most other super funds.
You can hold direct property, listed and unlisted shares, artwork and other exotic or not-so-common investments.
The Sole Purpose (or core purpose) of your SMSF must be to provide retirement benefits to the members of the fund on retirement or benefits to a deceased members dependant or estate on the death of a member.
Investment rules for SMSFs are in place and regulated by the ATO to limit the risks that SMSF fund members are exposed to, to maintain / maximise retirement savings.
Learn More here
With Your SMSF Established - What's Next?
Your SMSF accountant is here to guide you through the following steps:
Electronic Service Address Setup – receive employer contributions seamlessly
Insurance Consultation – we can answer all your insurance-related questions
Rolling Over Superannuation Funds – transfer your existing superannuation funds into your new SMSF
Asset Investment Guidance – our licensed professionals can advise you on the assets your SMSF can invest in and how to make it work for you
Obligations as Trustees – we’ll explain your duties as trustees (or Directors of the trustee company) and help you understand the sole purpose test
Income Stream Establishment – should you need an income stream, we’re here to assist
Estate Planning and Contributions – our experts are ready to address all your estate planning and contribution queries
With best-in-class documentation, experienced advice and client-centric services – be confident and feel in control of your SMSF set up.
Free Business Consultation
Schedule a business growth strategy session with one of our Directors.
Suite 13, 241 Blackburn Road Mount Waverley VIC 3149
Our SMSF setup is comprehensive, offering you:
Consents, Minutes, and Bank Account Opening Kit
- Consent forms for trustee and director appointments.
- Minutes for establishing your SMSF and passing various resolutions.
- Membership application forms.
- Registration of the trustee company with ASIC.
- Registration of the SMSF with the ATO, including TFN, ABN, and GST registration if needed.
- We handle any queries the ATO may have, ensuring a smooth setup process.
What We Do
With a dedicated SMSF accounting team Rogerson Kenny Business Accountants provide tailored advice to help you make informed decisions about your retirement savings, giving you the confidence that your financial future is in capable hands.
As an SMSF member, you have greater control over your investment decisions. This means you can tailor your strategy based on your financial goals and risk appetite. SMSFs offer a wide range of investment options, such as direct property, shares, and even collectibles.
Navigate your Self Managed Superannuation Fund strategy like a pro, our professional advice is your secret weapon to a successful and compliant SMSF journey, whilst giving you the best opportunity to put your SMSF wealth creation in the fast lane
Our experienced SMSF accountants are well-versed in Self Managed Superannuation Fund compliance and administration. With a dedicated SMSF accounting team, you get tailored advice so you can make informed decisions about your retirement savings.