Fee Transparency with Super Services

Traditionally SMSF’s are billed after the financial statements and annual returns are signed and lodged.

At Super Services you will receive a quote from a set scale of fees, based on the number of investments held in the fund at the close of the prior financial year. Ancillary services will be invoiced as the documentation is actually prepared.

Our Pricing and Billing Process for New Clients

New clients receive a letter of engagement and quote which will be based on the number of assets held at the close of the prior financial year.

New Funds will be charged the lowest fee category for the first financial year in monthly debits.

The full annual fee is payable irrespective of which month you establish your fund. Fees are payable for a full year, whether the fund operates for a full year or part thereof.

Additional fees for ancillary costs eg. Actuarial Certificates, Pension Commencement or Commutations, Rollover Documentation, Lump Sum Withdrawals, New Assets etc., will be charged as the cost is incurred throughout the year.

NEW CLIENT ADMINISTRATION FORM

Next Step?

1.

Complete, sign and return the New Client Administration Form.

2.

We will provide you with a quote, letter of engagement, data feed authority forms and SuperStream EAS Notification form for your employer if applicable.

3.

To ensure the timely transition to our software and commence daily processing, we require your bank statements (to date), along with the signed Engagement Letter and Data Feed Authority Forms.

Our Pricing and Billing Process for Existing Clients

Existing clients will receive a fixed fee quote based on the number of assets held as at 30th June the prior year, with fees paid on a monthly basis of 1/12th of the quote from July to June. If the fund is wound up during the year, fees are payable for a full year, whether the fund operates for a full year or part thereof.

Additional fees for ancillary costs eg. Actuarial Certificates, Pension Commencement or Commutations, Rollover Documentation, Lump Sum Withdrawals, New Assets etc., will be charged as the cost is incurred throughout the year.