How it works
Our private label SMSF administration service is designed with a few things in mind:
Making the process simple for you and your clients
Making information accessible for your and your clients
Making you look good in front of your clients.
The key point to note is that you keep contact with the client, and your client sees your brand not ours. They will have no choice but to be impressed with your capability. Here are the key steps in the process:
After your client completes an application form, Lime Super prepares the fund establishment documents including the trust deed, investment strategy, fund PDS and trustee declarations. You meet with the client to have these signed, and then Lime Super can apply for a TFN and ABN on your behalf. We can even set up bank accounts and share trading accounts for you.
Where we take over the administration from another accountant or administrator, Lime Super will liase with the existing provider to transfer all data, ideally in electronic format. You don't need to lift a finger. Of course we can only proceed with your clients' consent
You and your client will have access to a range of online reports that can be viewed at any time. These include a balance sheet, income statement, contribution and pension statements, and investment reports. This helps you stay on top of your clients' affairs, without the expense of a wrap service.
Documents such as upgraded trust deeds and pension commencement documents can be prepared at no additional charge. Most solicitors and SMSF administrators charge hundreds or even thousands of dollars for these documents.
End of year
We will prepare all audits, tax returns, member statements, trustee minutes, actuarial certificates, and any other documents required by your clients' funds.
We encourage you to use bank accounts and platforms where data feeds automatically into our systems. This enables us to ensure the fees we charge you are very competitive, and gives you up-to-date information about your clients' fund. We can receive data feeds from most banks and stockbrokers.
Click here to see the benefits for you and your clients. If you would like more information about our SMSF Administration Service then please call us on 1300 546 300.