Resource Centre

Welcome to the Fact Sheet area

Here you’ll find a range of fact sheets designed to provided detailed facts on a range of topics.

These fact sheets provide infomation only and should not be considered a substitute for financial advice, as they do not take account of your actual circumstances and requirements.

SMSF Operations

Individual vs Corporate Trustee

This fact sheet details some of the considerations when determining the type of Trustee to have on your SMSF. This may be when first establishing the SMSF or changing the trustee on an existing SMSF.

Beneficiary Nominations

This factsheet details the factors to be considered when making a member beneficiary nomination in your SMSF. It covers both Indicative and Binding nomination considerations.

Enduring Power of Attorney and an SMSF

This fact sheet provides a guide to some of the issues of not having an Enduring Power of Attorney and what considerations are involved in relation to a SMSF.

Investment Strategy – Construction

This guide provides details of the factors to be considered when preparing your funds Investment Strategy. It is a compliance requirement that every SMSF has a documented investment strategy and that it is regularly reviewed.

Tax Components of a Member Benefit

This fact sheet provides a breakdown of the various components that make up a member benefit. It also covers the difference between accumulation and pension accounts.

In-specie Transfer

This fact sheet explains the considerations to be taken into account when performing an in-specie transfer of an asset into or out of the SMSF.

Death of a member

This fact sheet explains some of the issues that may arise and actions that must be taken after the death of a member.

Wind-up Guide

This is a detailed wind-up guide which includes all the steps to be followed when your SMSF is administered by Super Plus. It includes steps on whom is required to perform what parts of the wind-up process.

SMSF with Limited Recourse Borrowing – Full order process

This guide provides the steps to follow when ordering a new SMSF from Super Plus which is to also include the setup of a Bare Trust for Limited Recourse Borrowing purposes. This involves a package setup of the SMSF, Bare Trust, and Corporate Trustee.

Money going into an SMSF

Contributions

This fact sheet details the various contributions rules. It also includes a number of examples to illustrate the bring forward and total super balance rules

Roll Super into an SMSF

This guide provides the steps you must take to roll a members benefit from another super scheme to a SMSF, when the SMSF administered by Super Plus. It includes a step by step  guide.

Re-Contribution Strategy

This guide provides details on what is a re-contribution strategy and how performing one can be of benefit to you or your dependants. It provides a worked example showing the before and after effects.

Withdrawing money from an SMSF

Conditions of Release

This is a factsheet designed to introduce the main conditions of release a member needs to satisfy in relation to the access benefits in superannuation

Lump Sum Benefits

This fact sheet covers the various aspects of lump sum withdrawals from the SMSF. It details the way tax is applied and provides an example.

Roll Super out of an SMSF

This guide provides the steps you must take to roll a members benefit out of your SMSF when administered by Super Plus. It includes a step by step guide.

Starting a Pension

This is a factsheet designed to introduce some of the factors and ideas to consider when thinking of commencing a pension from an SMSF

Changes to an existing Pension

This is a factsheet designed to highlight some of the factors and ideas to consider before making changes to an existing pension within an SMSF