Our Services

More than just a service provider, we are your partner in SMSFs. Our solutions are holistically designed around your technical and practical SMSF needs.

Heffron Masterclass

$385

Heffron's SMSF Masterclasses are a CPD accredited half day workshop with a small group of SMSF practitioners delving into the details of a particular SMSF topic or strategy. The intimate workshop style focuses on interactive case studies that capture the issues we have discovered in our work supporting accountants, financial advisers and trustees and provides practical solutions you can use immediately in your business. Our Masterclasses are not exclusively for experts but we do assume participants have a solid level of SMSF knowledge to build on. The next Masterclasses will be run as two half day sessions in March 2020, contact Heffron to register your interest.

Heffron Super Intensive Days

From $880

Our Heffron Super Intensive Day is a CPD accredited course designed to arm all SMSF practitioners with the latest strategies to both optimise the opportunities available to SMSF clients, and to avoid potential traps and pitfalls. Importantly, we provide attendees with the theory through formal presentations but also the practical knowledge needed to implement the strategies through real life examples. There is ample opportunity to explore each topic, and for attendees to ask questions of the speakers or debate a particular issue during the session. No prior training is required to attend the Heffron Super Intensive Day but a sound basic understanding of SMSF tax and compliance rules is beneficial for attendees to get the most out of the course. We will update our website with the 2020 schedule when details are finalised. In the meantime, please contact Heffron to find out more.

In-house Training

POA

Our specialist SMSF team can provide in-house training for your company with either a strategic advice or compliance focus. We can tailor ad-hoc in-house training sessions or work with you to design an ongoing training program to suit your needs. Contact Heffron to discuss your training needs and we would be happy to provide you a quote.

SMSF Fundamentals

$880

SMSF Fundamentals is Heffron's first certified, online, self-paced course for practitioners in the SMSF industry. Ideal for those new to the industry, looking to refresh their skills, or wanting more of an understanding of why we do what we do. The 9-module course covers everything from defining superannuation to strategies for SMSFs.

Technical Update Webinar - February

$154

Heffron's February technical update webinar will be held on 27 February 2020 and will focus on the practical implications of legislation changes, ATO rulings, interpretative decisions and guidance, court cases and AAT decisions, and government announcements that impact superannuation funds.

Technical Update Webinars - Annual Subscription + 2

$742.50

Heffron's technical update webinars are run quarterly and focus on the practical implications of legislation changes, ATO rulings, interpretative decisions and guidance, court cases and AAT decisions, and government announcements that impact superannuation funds. Annual subscriptions run from 1 July to 30 June and include all four quarterly technical webinars during that period. Get the remaining 2 quarterly technical webinars for the 2019/20 annual subscription plus the 20/21 annual subscription – ie the next 6 Quarterly Technical Webinars for only $742.50 (incl GST) per person. Our quarterly technical webinars are tailored, allowing you to choose between an “Accountant” or “Adviser” focused session. Both webinars run on the same day and have the same detailed technical notes, however, the webinar presentation and the accompanying slides will be tailored accordingly. Webinars can be purchased as an annual subscription which includes attendance to all four webinars or purchased individually. Corporate pricing is available for companies registering four of more people for a webinar. Please contact Heffron if you'd like to discuss our corporate pricing options.

Super Connect

$1760

Heffron’s Super Connect Technical package gives you priority access to our expert Technical Services Team via a dedicated toll free number or email address. Our team of experts provide valuable and practical solutions to assist in improving efficiency and minimising risk for anyone working with SMSFs or in superannuation. Included in the annual service is subscription to Heffron’s newsletter Super Insights (10 editions per annum) and up to four hours of telephone technical support to Heffron’s Technical Services team.

Super Essentials

$330

Heffron’s Super Essentials Technical package gives you priority access to our expert Technical Services Team via a dedicated toll free number or email address. Our team of experts provide valuable and practical solutions to assist in improving efficiency and minimising risk for anyone working with SMSFs or in superannuation. Included in your annual services is subscription to Heffron’s newsletter Super Insights (10 editions per annum) and up to three phone calls to Heffron’s Technical Services team.

Technical Paper - Exempt current pension income

$275

Our latest technical paper on exempt current pension income explains the changes to this important tax exemption in detail. This handy 18 page booklet provides technical references, examples and a handy flow chart to help accountants and advisers to navigate the new world of ECPI. We explain what’s changed between 2016/17 and 2017/18, highlight some tips and traps and provide answers to common questions.

Administration for Advisers

With Heffron SMSF Administration for Advisers you will be entering into a partnership that offers you and your clients comprehensive SMSF management and technical solutions from one of the SMSF industry’s most respected experts. We know that efficiency, quality and relationships are key to how you run your business and they also underpin how we do business at Heffron. Our administration service gives you access to Heffron’s Technical expertise for you and your clients. Our administration package is designed to provide flexibility for advisers and their clients’ needs, while ensuring that all compliance and regulatory requirements are met including EOFY financial, tax returns and audit. Our online client portal provides a wealth of information in relation to your client’s SMSFs, empowering self-service through a user-friendly client experience.

Streamlined Standard Advanced

Annual Administration Fee (incl. GST)

$2,175

$2,655

From $3,135

SMSF Establishment

Set Up Form

Set Up Form

Set Up Form

Existing SMSF - Transition to Heffron

Transition Form

Transition Form

Transition Form

Preparation of Financial Statements and Tax Return

Independent Annual Audit

Annual Compliance and Strategic Review

Online Access to Fund Documents and Information

Dedicated Relationship Manager

Investments

Cash Accounts

Macquarie CMA / NAB CMA

Unlimited

Unlimited

Share Trading

Nab Trade / CommSec / Macquarie Online Trading

Unlimited

Unlimited

Wrap Investment

Macquarie Wrap / BT Wrap / Panorama

Unlimited

Unlimited

Term Deposits

Australian Money Market

Unlimited

Unlimited

Property Administration

Up to three properties

Unlimited

Foreign Assets, Private Unit Trustees or Companies, Derivatives, Options, Warrants and Similar Financial Instruments

Collectibles and Precious Metals

Structures

Pension Accounts

Up to three pensions per member

Up to four pensions per member

More than four pensions per member

Limited Recourse Borrowing Arrangements

One LRBA

More than one LRBA

Reserves

ROPs

Segregated Assets

Add-ons

Quarterly BAS/IAS Reporting

$550 pa/per fund

$550 pa/per fund

$550 pa/per fund

ASIC Agent

$176 pa/per fund

$176 pa/per fund

$176 pa/per fund

Actuarial Certificates

$176 pa/per fund

$176 pa/per fund

$176 pa/per fund

Mailbox Service

$330 pa/per fund

$330 pa/per fund

$330 pa/per fund

Benefit Payment - Consolidation

$330

Heffron consolidation service enables the member to record the commutation of one or more pensions and the commencement of a new pension with the commutation proceeds combined with any other accumulation balance from the fund.

Benefit Payment - Death Benefit Lump Sum

$330

Heffron prepares the documentation to record a lump sum payment from the account of a deceased member in a self managed superannuation fund. As part of the service we prepare all relevant letters, minutes, declarations and complete any required statutory and PAYG forms.

Benefit Payment - Prospective Lump Sums and Partial Commutations

$330

As part of this service, Heffron prepares all relevant documentation to have all payments over and above the members' minimum pension payments to be treated as Lump Sums for their accumulation account and then Partial Commutations from their pension, in a specific order.

Benefit Payment – Pension Establishment

$330

Heffron prepares all the documentation required to commence an account-based pension or transition to retirement income stream from a self managed superannuation fund.

Benefit Payment – Full/Partial Pension Commutation

$330

Heffron's commutation service enables the member to record the commutation of one or more pensions from the fund.

Benefit Payment – Lump Sum from Accumulation

$165

Heffron prepares the documentation to record a lump sum payment from a members accumulation account within the self managed superannuation fund.

Benefit Payment – Reversionary Pensioner

$165

Members of an SMSF can add or remove a reversionary pensioner to specific pension accounts and Heffron prepares the documentation to record this decision. This service is only available to SMSFs who operate under the Heffron 3.0+ governing rules. Heffron can complete a trust deed amendment upon request.

Company Constitution Upgrade

$165

Where a director chooses to change the purpose of a company, Heffron prepares the documentation to upgrade the company's constitution. Where Heffron is the ASIC agent, we will also notify ASIC of the change.

Death Benefit - Account Based Pension

$330

Upon a member's death Heffron prepares all documentation required to commence an account-based pension for the beneficiary.

Document Template - Prospective Lump Sums and Partial Commutations

$330

Heffron has developed a template pack that provides the resolutions and minutes needed at the start of the year to ensure that a trustee can make the right elections up front for all of the year’s payments from the SMSF. This template pack meets all the requirements for payments during 2017/18, 2018/19 and 2019/20 and can be used for multiple clients during these years.

Document Template - Reversionary pensioner

$330

Adding or removing a reversionary pensioner without stopping or restarting a pension could be desirable in cases where the pension is grandfathered for income test purposes (i.e. age pension or Commonwealth Seniors Health Card) or in order to prevent the tax free/taxable components of the pension mixing with accumulation money held by the member in that fund. Documentation is key here and Heffron has developed a document template that provides the member instructions and the resolutions and minutes required.

Document Template - Transition to retirement income streams moving to retirement phase

$330

Heffron has developed a template pack that provides the resolutions and minutes needed to correctly record when a transition to retirement pension moves into retirement phase. This template pack meets all the requirements for changes during 2017/18, 2018/19 and 2019/20 and can be used for multiple clients during these years.

Establishment - Company Establishment

$715

Heffron prepares all relevant documentation required to establish a new Private Pty Ltd or SMSF Special Purpose company on your behalf and registers the company with ASIC.

Establishment – Fund Establishment (Documents only)

$605

Heffron prepares all documentation to establish a new self managed superannuation fund including the deed, member applications, PDS and trustee declarations. Heffron does not review documents for correct execution or apply for the ABN and TFN as part of this service.

Establishment – Fund Establishment - Full Service

$715

As part of this service, Heffron prepares all documentation to establish a new self-managed superannuation fund and adopt Heffron as the SMSF administrator, applies for the ABN and TFN and delivers all documents in a professional binder.

Limited Recourse Borrowing Arrangement – Related Party

$1650

Heffron arranges the preparation of the documents to legally implement a borrowing structure, within a self managed superannuation fund where funding is provided by a related party to the SMSF in the form of a Limited Recourse Borrowing Arrangement. The legal documentation for the LRBA will be prepared in conjunction with a specialist lawyer from Sydney Business Lawyers.

Limited Recourse Borrowing Arrangement – Third Party

$1,650

Heffron arranges the preparation of the documents to legally implement a borrowing structure, within a self managed superannuation fund where funding is provided by a third party to the SMSF in the form of a Limited Recourse Borrowing Arrangement. The legal documentation for the LRBA will be prepared in conjunction with a specialist lawyer from Sydney Business Lawyers.

Maintenance - Alternate Director

$330

A fund can nominate an alternate director of the company to act as the trustee of the self managed superannuation fund for a period of time. As part of this service, Heffron prepares all relevant minutes, consents and notices required to record the appointment of the alternate director.

Maintenance - Change of Fund Name

from $440

Heffron prepares the documentation required to change the Fund Name as part of our Trust Deed Amendment service.

Maintenance - Change of Trustee

$715

Heffron will review the SMSF's current deed and determine how the change of trustee can be made before preparing the required documentation to record the change.

Maintenance - Changes to Fund Associates

$330

When a member or director is added or removed from the SMSF, Heffron prepares all the documentation to record the change as well as notifying the ATO and ASIC where Heffron is the tax agent and ASIC agent for the fund.

Maintenance - Contribution Splitting

$165

Heffron prepares all the required documentation to record a contribution split within a self managed superannuation fund including relevant letters, minutes applications and statutory forms.

Maintenance - Death Benefit Nominations - Binding and Non-Binding

$0

Heffron provides death benefit nomination templates for all clients on the Heffron 3.0+ deed rules. To request a template, please contact clientsupport@heffron.com.au. For funds not on the latest deed rules, a trust deed amendment is required and death nomination templates will be provided as part of this service.

Maintenance - Investment Strategy

from $55

Heffron provides investment strategy documentation to all administration clients free of charge. To request a template, please contact clientsupport@heffron.com.au. If you are a non-Heffron administration client you can purchase an investment strategy for a particular fund or Heffron's investment strategy document template.

Maintenance - Trust Deed Amendment

from $440

Heffron's trust deed is a key part of the establishment service. In conjunction with a lawyer specialising in estate planning and SMSFs, it has been specifically developed for SMSFs to accommodate all of the latest SMSF and estate planning strategies. For existing Heffron administration clients, a Trust Deed Amendment is $440, for non administration clients, a Trust Deed Amendment is $715.

Recognised Overseas Pension Scheme (ROPS) Registration

$715

Heffron prepares the documentation to register the self-managed superannuation fund for ROPS. This includes completing and lodging the Overseas Pension Scheme Notification form together with the Amended Trust Deed, with HM Revenue & Customs on behalf of the SMSF Trustee. A Trust Deed Amendment may be required to satisfy the definition of a Recognised Overseas Pension Scheme - this can be prepared by Heffron at an additional cost.

Heffron Masterclass

$385

Heffron's SMSF Masterclasses are a CPD accredited half day workshop with a small group of SMSF practitioners delving into the details of a particular SMSF topic or strategy. The intimate workshop style focuses on interactive case studies that capture the issues we have discovered in our work supporting accountants, financial advisers and trustees and provides practical solutions you can use immediately in your business. Our Masterclasses are not exclusively for experts but we do assume participants have a solid level of SMSF knowledge to build on. The next Masterclasses will be run as two half day sessions in March 2020, contact Heffron to register your interest.

Heffron Super Intensive Days

From $880

Our Heffron Super Intensive Day is a CPD accredited course designed to arm all SMSF practitioners with the latest strategies to both optimise the opportunities available to SMSF clients, and to avoid potential traps and pitfalls. Importantly, we provide attendees with the theory through formal presentations but also the practical knowledge needed to implement the strategies through real life examples. There is ample opportunity to explore each topic, and for attendees to ask questions of the speakers or debate a particular issue during the session. No prior training is required to attend the Heffron Super Intensive Day but a sound basic understanding of SMSF tax and compliance rules is beneficial for attendees to get the most out of the course. We will update our website with the 2020 schedule when details are finalised. In the meantime, please contact Heffron to find out more.

In-house Training

POA

Our specialist SMSF team can provide in-house training for your company with either a strategic advice or compliance focus. We can tailor ad-hoc in-house training sessions or work with you to design an ongoing training program to suit your needs. Contact Heffron to discuss your training needs and we would be happy to provide you a quote.

SMSF Fundamentals

$880

SMSF Fundamentals is Heffron's first certified, online, self-paced course for practitioners in the SMSF industry. Ideal for those new to the industry, looking to refresh their skills, or wanting more of an understanding of why we do what we do. The 9-module course covers everything from defining superannuation to strategies for SMSFs.

Technical Update Webinar - February

$154

Heffron's February technical update webinar will be held on 27 February 2020 and will focus on the practical implications of legislation changes, ATO rulings, interpretative decisions and guidance, court cases and AAT decisions, and government announcements that impact superannuation funds.

Technical Update Webinars - Annual Subscription + 2

$742.50

Heffron's technical update webinars are run quarterly and focus on the practical implications of legislation changes, ATO rulings, interpretative decisions and guidance, court cases and AAT decisions, and government announcements that impact superannuation funds. Annual subscriptions run from 1 July to 30 June and include all four quarterly technical webinars during that period. Get the remaining 2 quarterly technical webinars for the 2019/20 annual subscription plus the 20/21 annual subscription – ie the next 6 Quarterly Technical Webinars for only $742.50 (incl GST) per person. Our quarterly technical webinars are tailored, allowing you to choose between an “Accountant” or “Adviser” focused session. Both webinars run on the same day and have the same detailed technical notes, however, the webinar presentation and the accompanying slides will be tailored accordingly. Webinars can be purchased as an annual subscription which includes attendance to all four webinars or purchased individually. Corporate pricing is available for companies registering four of more people for a webinar. Please contact Heffron if you'd like to discuss our corporate pricing options.

Super Connect

$1760

Heffron’s Super Connect Technical package gives you priority access to our expert Technical Services Team via a dedicated toll free number or email address. Our team of experts provide valuable and practical solutions to assist in improving efficiency and minimising risk for anyone working with SMSFs or in superannuation. Included in the annual service is subscription to Heffron’s newsletter Super Insights (10 editions per annum) and up to four hours of telephone technical support to Heffron’s Technical Services team.

Super Essentials

$330

Heffron’s Super Essentials Technical package gives you priority access to our expert Technical Services Team via a dedicated toll free number or email address. Our team of experts provide valuable and practical solutions to assist in improving efficiency and minimising risk for anyone working with SMSFs or in superannuation. Included in your annual services is subscription to Heffron’s newsletter Super Insights (10 editions per annum) and up to three phone calls to Heffron’s Technical Services team.

Technical Paper - Exempt current pension income

$275

Our latest technical paper on exempt current pension income explains the changes to this important tax exemption in detail. This handy 18 page booklet provides technical references, examples and a handy flow chart to help accountants and advisers to navigate the new world of ECPI. We explain what’s changed between 2016/17 and 2017/18, highlight some tips and traps and provide answers to common questions.

Administration for Accountants

Heffron’s administration service for accountants is a comprehensive compliance and technical engagement service. Our team is passionate about removing the complexity from SMSFs while providing flexibility for accountants and their clients. We will operate as your back-office solution, being responsible for the administration of your book of SMSFs including accounting, financials, tax returns and audit, using either your software or ours. This is a white-label service with our brand hidden from view. As part of the partnership service, your dedicated client relationship manager will provide strategic insights into your funds as well as any other support you need. We understand that all accountants are different, which is why you choose how to partner with Heffron and what services you require. This ensures you only pay for the services you need.

Streamlined Standard Advanced

Annual Administration Fee (incl. GST)

$1,170

$1,650

$2,130

Preparation of Financial Statements and Tax Return

Maintenance of Electronic Master Documents

Annual Compliance and Strategic Review

Dedicated Relationship Manager

Investments

Cash Accounts

Macquarie CMA / NAB CMA

Unlimited

Unlimited

Share Trading

Nabtrade / CommSec / Macquarie Online Trading

Unlimited

Unlimited

Wrap Investment

Macquarie Wrap / BT Wrap / Panorama

Unlimited

Unlimited

Term Deposits

Australian Money Market

Unlimited

Unlimited

Property Administration

Up to three properties

Unlimited

Foreign Assets, Private Unit Trustees or Companies, Derivatives, Options, Warrants and Similar Financial Instruments

Collectibles and Precious Metals

Structures

Pension Accounts

Up to three pensions per member

Up to four pensions per member

More than four pensions per member

Limited Recourse Borrowing Arrangements

One LRBA

More than one LRBA

Reserves

ROPs

Segregated Assets

Add-ons

Quarterly BAS/IAS Reporting

$550 pa/per fund

$550 pa/per fund

$550 pa/per fund

Actuarial Certificates

$176 pa/per fund

$176 pa/per fund

$176 pa/per fund

Audit

$495 pa/per fund

$495 pa/per fund

$495 pa/per fund

Monthly Payments

$550 pa/per fund

$550 pa/per fund

$550 pa/per fund

Tax Agent & Lodgement

$330 pa/per fund

$330 pa/per fund

$330 pa/per fund

Actuarial Certificates

Non-Defined Benefit How to order

Certificate Value with Class Super or BGL360

$110

Guide to choosing Heffron

Certificate Plus with Class Super or BGL360

$143

Contact Heffron

SuperMate

$143

Request Certificate

Other (BGL Desktop, enter your data)

$176

Request Certificate

All Defined Benefit Certificates $440.

All fees inclusive of GST.

Certificate Plus - Inclusions

Heffron's Certificate Plus packages combines actuarial certificates plus other support and education services.

Certificate Plus Bronze Silver Gold Platinum

Certificate Volume (per annum)

20-49

50-99

100-199

200+

Super Insights Subscription

Inclusions by negotiation

Heffron quarterly webinar subscription (per annum)

1 person

1 person

5 people

Inclusions by negotiation

Heffron Super Intensive Day

1 person

1 person

Inclusions by negotiation

Technical Calls (per annum)

3 calls

3 calls

4 hours

Inclusions by negotiation

Benefit Payment - Consolidation

$330

Heffron consolidation service enables the member to record the commutation of one or more pensions and the commencement of a new pension with the commutation proceeds combined with any other accumulation balance from the fund.

Benefit Payment - Death Benefit Lump Sum

$330

Heffron prepares the documentation to record a lump sum payment from the account of a deceased member in a self managed superannuation fund. As part of the service we prepare all relevant letters, minutes, declarations and complete any required statutory and PAYG forms.

Benefit Payment - Prospective Lump Sums and Partial Commutations

$330

As part of this service, Heffron prepares all relevant documentation to have all payments over and above the members' minimum pension payments to be treated as Lump Sums for their accumulation account and then Partial Commutations from their pension, in a specific order.

Benefit Payment – Pension Establishment

$330

Heffron prepares all the documentation required to commence an account-based pension or transition to retirement income stream from a self managed superannuation fund.

Benefit Payment – Full/Partial Pension Commutation

$330

Heffron's commutation service enables the member to record the commutation of one or more pensions from the fund.

Benefit Payment – Lump Sum from Accumulation

$165

Heffron prepares the documentation to record a lump sum payment from a members accumulation account within the self managed superannuation fund.

Benefit Payment – Reversionary Pensioner

$165

Members of an SMSF can add or remove a reversionary pensioner to specific pension accounts and Heffron prepares the documentation to record this decision. This service is only available to SMSFs who operate under the Heffron 3.0+ governing rules. Heffron can complete a trust deed amendment upon request.

Company Constitution Upgrade

$165

Where a director chooses to change the purpose of a company, Heffron prepares the documentation to upgrade the company's constitution. Where Heffron is the ASIC agent, we will also notify ASIC of the change.

Death Benefit - Account Based Pension

$330

Upon a member's death Heffron prepares all documentation required to commence an account-based pension for the beneficiary.

Document Template - Prospective Lump Sums and Partial Commutations

$330

Heffron has developed a template pack that provides the resolutions and minutes needed at the start of the year to ensure that a trustee can make the right elections up front for all of the year’s payments from the SMSF. This template pack meets all the requirements for payments during 2017/18, 2018/19 and 2019/20 and can be used for multiple clients during these years.

Document Template - Reversionary pensioner

$330

Adding or removing a reversionary pensioner without stopping or restarting a pension could be desirable in cases where the pension is grandfathered for income test purposes (i.e. age pension or Commonwealth Seniors Health Card) or in order to prevent the tax free/taxable components of the pension mixing with accumulation money held by the member in that fund. Documentation is key here and Heffron has developed a document template that provides the member instructions and the resolutions and minutes required.

Document Template - Transition to retirement income streams moving to retirement phase

$330

Heffron has developed a template pack that provides the resolutions and minutes needed to correctly record when a transition to retirement pension moves into retirement phase. This template pack meets all the requirements for changes during 2017/18, 2018/19 and 2019/20 and can be used for multiple clients during these years.

Establishment - Company Establishment

$715

Heffron prepares all relevant documentation required to establish a new Private Pty Ltd or SMSF Special Purpose company on your behalf and registers the company with ASIC.

Establishment - Fund Establishment - Full Service

$715

Heffron prepares all documentation to establish a new self managed superannuation fund, and delivers all documents in a professional binder. As part of the full service, we also review all documents for correct execution, apply for the ABN and TFN and return all hard copy documents for you to keep for your records.

Establishment – Fund Establishment (Documents only)

$605

Heffron prepares all documentation to establish a new self managed superannuation fund including the deed, member applications, PDS and trustee declarations. Heffron does not review documents for correct execution or apply for the ABN and TFN as part of this service.

Limited Recourse Borrowing Arrangement – Related Party

$1650

Heffron arranges the preparation of the documents to legally implement a borrowing structure, within a self managed superannuation fund where funding is provided by a related party to the SMSF in the form of a Limited Recourse Borrowing Arrangement. The legal documentation for the LRBA will be prepared in conjunction with a specialist lawyer from Sydney Business Lawyers.

Limited Recourse Borrowing Arrangement – Third Party

$1,650

Heffron arranges the preparation of the documents to legally implement a borrowing structure, within a self managed superannuation fund where funding is provided by a third party to the SMSF in the form of a Limited Recourse Borrowing Arrangement. The legal documentation for the LRBA will be prepared in conjunction with a specialist lawyer from Sydney Business Lawyers.

Maintenance - Alternate Director

$330

A fund can nominate an alternate director of the company to act as the trustee of the self managed superannuation fund for a period of time. As part of this service, Heffron prepares all relevant minutes, consents and notices required to record the appointment of the alternate director.

Maintenance - Change of Fund Name

from $440

Heffron prepares the documentation required to change the Fund Name as part of our Trust Deed Amendment service.

Maintenance - Change of Trustee

$715

Heffron will review the SMSF's current deed and determine how the change of trustee can be made before preparing the required documentation to record the change.

Maintenance - Changes to Fund Associates

$330

When a member or director is added or removed from the SMSF, Heffron prepares all the documentation to record the change as well as notifying the ATO and ASIC where Heffron is the tax agent and ASIC agent for the fund.

Maintenance - Contribution Splitting

$165

Heffron prepares all the required documentation to record a contribution split within a self managed superannuation fund including relevant letters, minutes applications and statutory forms.

Maintenance - Death Benefit Nominations - Binding and Non-Binding

$0

Heffron provides death benefit nomination templates for all clients on the Heffron 3.0+ deed rules. To request a template, please contact clientsupport@heffron.com.au. For funds not on the latest deed rules, a trust deed amendment is required and death nomination templates will be provided as part of this service.

Maintenance - Investment Strategy

from $55

Heffron provides investment strategy documentation to all administration clients free of charge. To request a template, please contact clientsupport@heffron.com.au. If you are a non-Heffron administration client you can purchase an investment strategy for a particular fund or Heffron's investment strategy document template.

Maintenance - Trust Deed Amendment

from $440

Heffron's trust deed is a key part of the establishment service. In conjunction with a lawyer specialising in estate planning and SMSFs, it has been specifically developed for SMSFs to accommodate all of the latest SMSF and estate planning strategies. For existing Heffron administration clients, a Trust Deed Amendment is $440, for non administration clients, a Trust Deed Amendment is $715.

Recognised Overseas Pension Scheme (ROPS) Registration

$715

Heffron prepares the documentation to register the self-managed superannuation fund for ROPS. This includes completing and lodging the Overseas Pension Scheme Notification form together with the Amended Trust Deed, with HM Revenue & Customs on behalf of the SMSF Trustee. A Trust Deed Amendment may be required to satisfy the definition of a Recognised Overseas Pension Scheme - this can be prepared by Heffron at an additional cost.

Administration for Individuals

Heffron’s direct administration service caters for all types of funds and investors. Whether you’re just starting out and want simple investments or want full investment choice and comprehensive service and support, Heffron has an offer for you. Our market leading technical team ensures that our administration team are up-to-date with the latest superannuation regulations and strategies. Heffron’s SMSF specialist accountants continuously process your fund throughout the year and you can track the progress of your fund by logging into Heffron’s online portal. You can use the portal to check your funds details, view your documents or start a conversation with Heffron.

Heffron Online Foundation Value Premium

Annual Administration Fee (incl. GST)

$1,200

$2,040

$2,760

From $3,300

SMSF Establishment

Set Up Form

Set Up Form

Set Up Form

Set Up Form

Existing SMSF - Transition to Heffron

Transition Form

Transition Form

Transition Form

Transition Form

Preparation of Financial Statements and Tax Return

Independent Annual Audit

Annual Compliance Review

Online Access to Fund Documents and Information

Annual Strategic Review

Technical Support

Up to two hours

Unlimited

Dedicated Relationship Manager

Investments

Cash Accounts

Macquarie CMA

Macquarie CMA

Unlimited

Unlimited

Six Park Investments

Property Administration

Either one residential or commercial property OR one share trading platform from the options below

Up to two residential or commercial properties

Unlimited

Share Trading

CommSec / Macquarie Online Trading / nabtrade

Unlimited

Unlimited

Term Deposits

Australian Money Market

Unlimited

Unlimited

Wrap Investment

Unlimited

Unlimited

Foreign Assets, Private Unit Trustees or Companies, Derivatives, Options, Warrants and Similar Financial Instruments

Collectibles and Precious Metals

Structures

Limited Recourse Borrowing Arrangements

One LRBA

More than one LRBA

Reserves

ROPs

Segregated Assets

Add-ons

Quarterly BAS/IAS Reporting

$540

$540

$540

$540

ASIC Agent

$176

$176

$176

$176

Actuarial Certificates

$176

$176

$176

$176

Mailbox Service

$330

$330

$330

$330

Funds Paying One or More Pensions

$540 pa/fund

$540 pa/fund

$540 pa/fund

$540 pa/fund

Benefit Payment - Consolidation

$330

Heffron consolidation service enables the member to record the commutation of one or more pensions and the commencement of a new pension with the commutation proceeds combined with any other accumulation balance from the fund.

Benefit Payment - Death Benefit Lump Sum

$330

Heffron prepares the documentation to record a lump sum payment from the account of a deceased member in a self managed superannuation fund. As part of the service we prepare all relevant letters, minutes, declarations and complete any required statutory and PAYG forms.

Benefit Payment - Prospective Lump Sums and Partial Commutations

$330

As part of this service, Heffron prepares all relevant documentation to have all payments over and above the members' minimum pension payments to be treated as Lump Sums for their accumulation account and then Partial Commutations from their pension, in a specific order.

Benefit Payment – Pension Establishment

$330

Heffron prepares all the documentation required to commence an account-based pension or transition to retirement income stream from a self managed superannuation fund.

Benefit Payment – Full/Partial Pension Commutation

$330

Heffron's commutation service enables the member to record the commutation of one or more pensions from the fund.

Benefit Payment – Lump Sum from Accumulation

$165

Heffron prepares the documentation to record a lump sum payment from a members accumulation account within the self managed superannuation fund.

Benefit Payment – Reversionary Pensioner

$165

Members of an SMSF can add or remove a reversionary pensioner to specific pension accounts and Heffron prepares the documentation to record this decision. This service is only available to SMSFs who operate under the Heffron 3.0+ governing rules. Heffron can complete a trust deed amendment upon request.

Company Constitution Upgrade

$165

Where a director chooses to change the purpose of a company, Heffron prepares the documentation to upgrade the company's constitution. Where Heffron is the ASIC agent, we will also notify ASIC of the change.

Death Benefit - Account Based Pension

$330

Upon a member's death Heffron prepares all documentation required to commence an account-based pension for the beneficiary.

Document Template - Reversionary pensioner

$330

Adding or removing a reversionary pensioner without stopping or restarting a pension could be desirable in cases where the pension is grandfathered for income test purposes (i.e. age pension or Commonwealth Seniors Health Card) or in order to prevent the tax free/taxable components of the pension mixing with accumulation money held by the member in that fund. Documentation is key here and Heffron has developed a document template that provides the member instructions and the resolutions and minutes required.

Establishment - Company Establishment

$715

Heffron prepares all relevant documentation required to establish a new Private Pty Ltd or SMSF Special Purpose company on your behalf and registers the company with ASIC.

Establishment – Fund Establishment - Full service

$715

Heffron prepares all documentation to establish a new self managed superannuation fund, and delivers all documents in a professional binder. As part of the full service, we also review all documents for correct execution, apply for the ABN and TFN and return all hard copy documents for you to keep for your records.

Limited Recourse Borrowing Arrangement – Related Party

$1650

Heffron arranges the preparation of the documents to legally implement a borrowing structure, within a self managed superannuation fund where funding is provided by a related party to the SMSF in the form of a Limited Recourse Borrowing Arrangement. The legal documentation for the LRBA will be prepared in conjunction with a specialist lawyer from Sydney Business Lawyers.

Limited Recourse Borrowing Arrangement – Third Party

$1,650

Heffron arranges the preparation of the documents to legally implement a borrowing structure, within a self managed superannuation fund where funding is provided by a third party to the SMSF in the form of a Limited Recourse Borrowing Arrangement. The legal documentation for the LRBA will be prepared in conjunction with a specialist lawyer from Sydney Business Lawyers.

Maintenance - Alternate Director

$330

A fund can nominate an alternate director of the company to act as the trustee of the self managed superannuation fund for a period of time. As part of this service, Heffron prepares all relevant minutes, consents and notices required to record the appointment of the alternate director.

Maintenance - Change of Fund Name

from $440

Heffron prepares the documentation required to change the Fund Name as part of our Trust Deed Amendment service.

Maintenance - Change of Trustee

$715

Heffron will review the SMSF's current deed and determine how the change of trustee can be made before preparing the required documentation to record the change.

Maintenance - Changes to Fund Associates

$330

When a member or director is added or removed from the SMSF, Heffron prepares all the documentation to record the change as well as notifying the ATO and ASIC where Heffron is the tax agent and ASIC agent for the fund.

Maintenance - Contribution Splitting

$165

Heffron prepares all the required documentation to record a contribution split within a self managed superannuation fund including relevant letters, minutes applications and statutory forms.

Maintenance - Death Benefit Nominations - Binding and Non-Binding

$0

Heffron provides death benefit nomination templates for all clients on the Heffron 3.0+ deed rules. To request a template, please contact clientsupport@heffron.com.au. For funds not on the latest deed rules, a trust deed amendment is required and death nomination templates will be provided as part of this service.

Maintenance - Investment Strategy

from $55

Heffron provides investment strategy documentation to all administration clients free of charge. To request a template, please contact clientsupport@heffron.com.au. If you are a non-Heffron administration client you can purchase an investment strategy for a particular fund or Heffron's investment strategy document template.

Maintenance - Trust Deed Amendment

from $440

Heffron's trust deed is a key part of the establishment service. In conjunction with a lawyer specialising in estate planning and SMSFs, it has been specifically developed for SMSFs to accommodate all of the latest SMSF and estate planning strategies. For existing Heffron administration clients, a Trust Deed Amendment is $440, for non administration clients, a Trust Deed Amendment is $715.

Recognised Overseas Pension Scheme (ROPS) Registration

$715

Heffron prepares the documentation to register the self-managed superannuation fund for ROPS. This includes completing and lodging the Overseas Pension Scheme Notification form together with the Amended Trust Deed, with HM Revenue & Customs on behalf of the SMSF Trustee. A Trust Deed Amendment may be required to satisfy the definition of a Recognised Overseas Pension Scheme - this can be prepared by Heffron at an additional cost.