PENSIONS

We have a full range of specialist Documentation services supporting the payment of:

• Lump sum ETP's
• Commencement of Various Pensions
• Conversions of Various Pensions

SMSF Pension Commencement

We provide documentation for the commencement of:

• Account Based Pensions;
• Non-Commutable Account Based Pensions (Transition to retirement);
• Conversions of Allocated Pensions to Account Based Pensions;
• Allocated Pensions;
• Non-commutable Allocated Pensions (Transition to retirement);
• Term Allocated Pensions;
• Non-commutable Term Allocated Pensions (Transition to retirement);
• 50% Asset test exempt Term Allocated Pensions.

Before proceeding with any documentation, we conduct a thorough review of the Funds current Trust Deed to ensure it supports the pension you are requesting. If the current Trust Deed does not support the requested pension, we will offer to upgrade the Trust Deed at the same time as compiling the pension commencement documentation.

Each Pension Commencement package contains all of the relevant documentation for the Fund to commence the Pension, as well as details of the first year payments and the lodging of all ATO documentation.

Each Pension Commencement package contains:

• Pension commencement minutes
• Member application and pension agreement
• First Year payment calculations
• Product Disclosure Statement
• All ATO documentation
• PAYG Withholding registration (if required)

 Lump Sum Eligible Termination Payment

We provide all documentation required to pay an Eligible Termination Payment from a SMSF.

Each Eligible Termination Payment document package includes:

• ETP Tax Calculation Sheet
• ETP Payment Summary
• Trustee Minutes recording the ETP
• Lodgement of RBL Reporting documentation
• PAYG Withholding Tax Registration (if required)
• TFN Declaration (if required)