02 9683 5999CIB have a specialised Superannuation team providing a range of services to Trustees and clients wishing to establish and operate an SMSF.
The compliance requirements for Trustees can be extensive and CIB can assist in the following areas:
Fund Establishment
- Provide advice on set up, management, tax matters and compliance
- Set up of the fund and trust deed
- Establishment of a trust for a borrowing arrangement to acquire property
- Provision of minutes and documents re the establishment of the fund
Fund Administration
- Preparation of annual financial statements, including operating statement, statement of financial position, notes to financial statements
- Prepare individual member benefits statements including movements and member’s tax components
- Calculate minimum pension payments
- Audit of the fund by an approved SMSF auditor
- Prepare and lodge the fund’s income tax return
- Provide assistance to trustee’s with the preparation of the fund’s investment strategy and their reporting obligations
- Obtain actuarial certificates where required
- Provide pension commencement documentation
In conjunction with CIB Private Wealth Services division, we provide a complete investment management, reporting and administration service to SMSF Trustees.
