Australia

Self-Managed Super Funds 

Self-Managed Superannuation Funds (SMSFs) are a popular investment vehicle. They enable trustees to decide on their investment strategies and control their assets. They also avoid the management fees and commissions charged by professional fund managers.

Larisa Moran

Larisa Moran

Partner

+61 3 9288 5684

Lisa Hurwood

Lisa Hurwood

Director

+61 7 3233 3210

In practice, there are significant restrictions on how SMSFs invest their funds together with onerous reporting and compliance obligations. Penalties for non-compliance can be severe, including unplanned tax liabilities.

 

Managing an SMSF is a considerable responsibility. It requires meticulous attention to detail and a thorough understanding of superannuation law and practice. Most trustees discover they need help to manage their funds properly.

 

How we can help

KPMG assists with the design, management and winding up of your SMSF. Our emphasis is on compliance so that you can enjoy the benefits to which you're entitled.

 

Our services include:

  • fund establishment
  • preparation of annual financial statements
  • fund income tax returns
  • preparation of member statements
  • maintaining member records
  • administering payment of benefits
  • legislative and regulatory compliance
  • financial and compliance audits
  • superannuation guarantee consulting
  • taxation planning
  • executive remuneration planning
  • contribution advice
  • pension calculations
  • pension administration.

 

Our advice takes account of your overall wealth creation strategy, business objectives and tax status.

Superannuation

KPMG's Superannuation practice offers a range of services to superannuation funds, life offices, employers and fund trustees.

Superannuation & Pension Funds

KPMG’s Superannuation & Pension Funds provides tax, advisory and compliance services to public sector, public offer, industry and corporate funds.