Specialist Administration for Complex Funds
Not every SMSF is straightforward. If your fund holds property through a limited recourse borrowing arrangement, has multiple members with different pension and accumulation interests, operates under a corporate trustee, or involves related party transactions — you need an administrator who understands the compliance detail that comes with complexity.
That is what SMSFcentral does. We specialise in administering complex SMSF structures, working alongside your financial adviser to keep your fund compliant and your records in order.
Complex Structures We Handle
Our team has extensive experience administering funds with:
- Property investments and LRBAs — Limited recourse borrowing arrangements require careful accounting, specific asset segregation and ongoing compliance with the borrowing rules under section 67A of the SIS Act. We manage the financial reporting, loan tracking and compliance documentation.
- Multiple members — Funds with two, three or four members often involve different accumulation and pension phases running simultaneously, each with distinct tax treatment. We ensure accurate allocation and reporting for every member.
- Corporate trustees — Operating with a corporate trustee adds governance requirements including ASIC obligations, director records and minute-keeping. We coordinate the administration to ensure both the fund and the corporate trustee meet their obligations.
- Related party transactions — Transactions involving related parties attract additional scrutiny under the SIS Act. We document and report these transactions correctly, ensuring arm’s length requirements and in-house asset rules are satisfied.
- In-specie transfers — Transferring assets in and out of a fund in-specie (rather than cash) involves valuation, CGT and contribution cap considerations. We handle the compliance detail so the transfer is processed correctly.
- Segregated and unsegregated funds — The choice between segregated and unsegregated pension assets affects how exempt current pension income (ECPI) is calculated. We apply the correct methodology and document the trustee’s election.
Working With Your Adviser
SMSFcentral provides tax, compliance and administration services — not financial advice. For complex SMSF structures, we work closely with your financial adviser to implement the strategy they have recommended. Your adviser sets the direction; we handle the compliance and administration detail that makes it work.
This collaborative approach means your fund benefits from specialist advice and specialist administration working together.
Get in Touch
If your SMSF involves any of these complex elements — or if you are not sure whether your current administrator has the expertise to handle them properly — we would be happy to discuss how SMSFcentral can help.
- Email: [email protected]
- Phone: 02 8412 0086