At Powers Superannuation Services we know the importance of getting the right advice and establishing the right fund structure for you.
We have administered and provided advice to clients on self managed super funds for more than 30 years. We have an undisputed record in understanding the needs of SMSF trustees and providing the right advice at the right time. If hundreds of other clients can trust us, so can you.
We know the answer to the question 'Why do I need Self Managed Superannuation Fund Advice?
The penalties for structuring your SMSF the wrong way are severe and can cost you thousands of dollars if you get it wrong. We want to help you avoid that. There have been changes in legislation that restricts the types of professionals who are able to provide advice in regard to SMSFs. With Powers Superannuation Services, you can be sure that you're getting the right advice in relation to your SMSF and avoid compliance breaches.
Our fees are based on the work we do for you, and there are no hidden fees. We will provide you with a document outlining the work to be undertaken and will advise you of our fee prior to the work commencing.
At Powers Superannuation Services we will ensure that all the technical elements of your SMSF are identified and managed effectively.
As authorised representatives of a Financial Services Licensee we can provide specific advice on matters such as;
- Establishing a Property Instalment Trust
- Commencing a Transition to Retirement Pension
- Entering into Salary Sacrifice arrangements
- Commencing an Account Based Pension
- Determining the right level of insurance to protect you and your family
- Advice on minimum and maximum pensions able to be drawn
We will provide administrative efficiency for SMSFs by;
- Checking and organising payment of all tax instalments and activity statements
- Handling all or as little of the day-to-day administration as you want us to
- Organising 'all in one' reporting so you don't have to handle any paper work
- Preparing financial statements for the Fund so that they can be audited independently
- Preparing annual members' statements
- Lodgement of the annual SMSF Income Tax Return
- Preparing annual pension reviews
- Preparing a concise summary of your funds' performance
- Lodging an annual GST return for your fund so you can get most of your GST back