Your Online Portfolio Administration Solution
SMSF Platinum
The complete SMSF administration service. This package includes daily administration and all accounting, tax and compliance requirements.

What you get

The table below illustrates the inclusions in the Multiport SMSF Platinum administration package.

  • Mail house
  • Scanned documents library
  • Daily administration
  • Online access
  • Daily bank account reconciliation
  • Preparation of rollover paperwork
  • Investment purchases
  • Investment sales
  • Dividend processing
  • Managed fund distributions
  • Interest income
  • Expense allocation
  • Corporate actions
  • Investment re-valuations daily
  • Asset allocation tracking
  • Specific asset performance
  • Capital gains maintenance
  • Cash flow reporting
  • Member account balances
  • Super compliance monitoring
  • Monitoring compliance with trust deed
  • Monitoring compliance with legislation
  • Maintenance of trustee and member records
  • Contribution monitoring and reporting
  • Calculating and reporting benefits
  • Pension establishment and ongoing payments
  • Lump sum payments
  • Benefit monitoring and reporting
  • Financial statements
  • Preparation and lodgement of income tax return
  • Facilitation of audit
What It Costs

Our simple two-tier pricing structure is designed to cater for client portfolios with both standard and complex administration requirements.

SMSF Platinum Administration Fee
Standard $2,300 per annum
Complex $3,650 per annum
  • All fees quoted are GST inclusive, effective 1 March 2015 and subject to change with notice.
  • Administration fees are determined and charged monthly. Price categories are determined by the number of assets held by the fund or portfolio as at month end and may change on a month by month basis accordingly. Multiport reserves the right to negotiate a higher fee if excess transactions occur or where data collection is non-standard.

Standard Complex
1 – 20 assets with no LRBA > 20 assets with no LRBA
OR – 5 assets with 1 LRBA OR > 5 assets with 1 LRBA
No segregation OR > 1 LRBA
  OR > Segregated assets

NOTES

  • An asset is defined to be a single asset holding. For example, each of the underlying assets held within a wrap or IDPS platform will be counted as individual assets.
  • LRBA - Limited Recourse Borrowing Arrangement.


Additional Services

In addition to the administration fee, there are other costs and annual fees that may be associated with establishing and running a self managed super fund. The table below shows fees and other charges that may arise:

Type of fee or cost  Amount
Establishment  
SMSF Establishment $660 per SMSF
SMSF trust deed amendments $495 per trust deed
Corporate trustee establishment $725 per company
SMSF LRBA gearing 1  
Essentials gearing package $1,995
Related party gearing package $1,650
Administration  
GST/BAS preparation/PAYG summaries $200 per lodgement
Corporate trustee services $200 per annum
SMSF consulting (additional to fee free services) $350 per hour
Annual audit fee Audits arranged via Multiport’s panel of independent auditors will cost $495 per fund
Wind-up / Transfer out A 12 month minimum applies2
Actuarial fees (if applicable)  
Account based pensions $285 per annum
Complying pensions $560 per annum

1Refer to SMSF Gearing Package brochure for more information.

2If you choose to wind up or transfer your SMSF in the first 12 months of your agreement with us you will be required to pay the balance of 12 months’ administration fees. This is determined by calculating the number of months in the 12 month period multiplied by the administration fee for the month immediately prior to wind up or transfer of the fund. After month 12, there is no fee.


Segregated investment portfolios and lifetime and fixed pensions

An additional fee of $66 per month will apply:
  • where an SMSF, trust or portfolio has segregated investment portfolios
  • where an SMSF has lifetime or fixed term pensions, or
  • at our discretion where the fund, trust or portfolio makes investments in structures that are not able to provide electronic access to transactional information.
What's New
SMSF Investment Patterns Survey - February 2016
Multiport regularly undertakes an analysis of our SMSFs investments. Read more...
Peter Burgess speaks on the SMSF minimum balance debate
Peter Burgess shares his view with SelfManagedSuper on the latest guidance on SMSF advice. Read more...
Finalist at the 2015 Smart Investor Blue Ribbon Awards
Multiport has been named as finalists in the ‘Best SMSF Administrator’ category. Read more...
Multiport launches online application
Multiport customers are now able to submit applications though a new online facility. Read more...
Multiport Highly Commended at SMSF Awards
Multiport has received a ‘highly commended’ recognition at the annual 2015 SMSF Awards. Read more...