SUPERANNUATION

Seamless.

That’s how we think superannuation end of year administration service should be. So, at Kennedy Barnden, that’s how we deliver it.

We use specialised software to capture your SMSF information directly from your bank and investment providers – which reduces the time it takes you to gather this information.  Our service includes:

• Maintenance of an investment register for listed securities, derivatives, fixed interest, managed funds, direct property and unlisted assets
• Regular reconciliations of transactions during the course of the year
• Maintaining individual member records including details of contributions, allocation of earnings and benefit payments
• Maintaining preservation components and tax free components
• Maintaining reserve accounts
• Maintaining multiple pension accounts
• Preparation of PAYG payment summaries for pensions (if applicable)
• Segregation of assets for members
• Preparation of operating statement, statement of financial position, notes to the accounts and members statements.
• Preparation and lodgement of fund income tax and regulatory return
• Preparation of annual minutes and statutory documents
• Minimum and maximum pension calculations and advice for the upcoming year
• We have the systems, processes and staff in place to ensure your work is completed at the highest quality and in a timely manner

Our team is incredibly proud of the systems we have in place, the quality of our files, and the seamless end of year administration service we’re able to provide our clients.

All self-managed super funds require an annual audit. Audits must be conducted by Registered SMSF Auditors accredited through the Australian Securities and Investment Commission.

We perform a number of SMSF audits for other accountants or trustees who prepare their own financial statements.  One of our main goals, with everything we do, is making the client feel comfortable. When it comes to audit services, you can also proceed with confidence knowing that our accredited SMSF specialist auditors:

• Are recognised by peers as having comprehensive specialist SMSF skills and knowledge
• Have made a professional commitment to maintaining currency and compliance with legislation;
• Are able to show professionalism in conducting services in the SMSF industry

Our team of SMSF Specialist Auditors are here to discuss your compliance concerns year round, and can assist you to rectify potential issues prior to the audit.

We’re passionate about what we do. Enthusiastic about our industry. And committed to delivering the best client experience possible. That’s why at Kennedy Barnden, we’re always on hand to answer your queries or provide you with strategic advice when your need it most.

Kennedy Barnden has its own limited license in order to be able to empower you with the financial and product advice you need to make the most out of your SMSF.

Our team of experts can assist on matters that include, but are not limited to:

• SMSF legislation and technical issues
• Estate planning trends and strategies
• Limited recourse borrowing arrangements
• Contributions, limits, excess and penalties
• Death, disability and divorce
• The sole purpose test and Swiss Chalets
• Investment strategies
• Business succession opportunities
• Small business CGT concessions
• Insurance coverage
• Pensions and transition to retirement
• Proactive assistance in relation to optimising tax components before benefits are paid.