Legacy & Upcoming Document Templates
This list includes document templates for legacy pensions and other SMSF documents being developed, but are not currently available to order on the Smarter platform.
| Document Name | Description | Download |
|---|---|---|
Review of SMSF Investment Strategy - Trustee Minute | The trustee minute has been created in response to the ATO sending out 17,700 letters to trustees regarding how they have satisfied the diversification requirement outlined within SIS Regulation 4.09 for their SMSF. Â
NB. This document automatically generates when answering a question within the investment strategy order form. | Download for individual trustees
|
Death of a Member | This document provides information to the trustee(s) regarding the death of a fund member, including the trustee(s) reviewing any existing DBN to determine how to deal with the payment of a super death benefit. These documents also consider the need to appoint a replacement director/trustee as a result of the member's death until the death benefit has begun to be paid. Â
Note that this document is one of several documents that may need to be created, depending upon how the deceased member was currently receiving the benefit and the decisions of the surviving beneficiary/ies. | Download for corporate trustee
|
Return of Non-Concessional Contribution (NCC) | These trustee minutes provide for the return of non-concessional contributions where the member has not satisfied the 'work test' for the income year to be able to make the contribution - Items 2- 4, SIS Regulation 7.04(1).Â
The amount is not an excess contribution, but rather is allowed to be returned due in accordance SIS Regulation 7.04(4).
NB. This document will be added to the Smarter platform in the near future. | Download for corporate trustee
Download for individual trustees
|
Commencement of Market Linked Pension | This document provides the resolutions for the commencement of a Market Linked Pension (MLP), which will arise from the commutation of another complying income stream (including complying lifetime pension or MLP). The purchase price of the MLP post 1 July 2017 will be the amount assessed for transfer balance cap purposes (i.e. not treated as a capped defined benefit income stream).
NB. As a legacy pension, this document will not be added to the Smarter platform. | Download for corporate trustee
|
Commutation of Market Linked Pension | This document provides the resolutions for the commutation of a Market Linked Pension, which as a pre-existing income stream before 30 June 2017 is treated as a Capped Defined Benefit Income Stream (CDBIS). Following the commutation, the re-purchase of a Market Linked Pension will no longer be treated as a CDBIS for transfer balance cap purposes.
NB. As a legacy pension, this document will not be added to the Smarter platform. | Download for corporate trustee
|