Questions & Answers - Setup

To establish an SMSF you need to visit our online application form and submit your application over the internet.

If you already have an Existing SMSF, please note that unfortunately, we are unable to transition the Existing SMSF to ESUPERFUND.

On submitting your online application to establish an SMSF, ESUPERFUND will prepare all the required documentation to establish your SMSF with the information provided by you in the online application form. You will receive a welcome email from ESUPERFUND with your Client Portal login details and a detailed step-by-step guide on how to print and upload your SMSF documentation. The "SMSF Establishment Documentation" includes:

Yes. As detailed above when you apply to establish an SMSF with ESUPERFUND an "Establishment Package" will be prepared for you with the documentation necessary to establish the SMSF. This includes the SMSF Trust Deed. The SMSF Trust Deed specifies the rules of the SMSF and determines what your SMSF can and cannot do. Importantly the SMSF Trust Deed provided to you when you establish your SMSF is up to date and allows you to do the things allowed by current Super Laws. This includes but is not limited to investing in assets allowed by Law, borrowing to acquire property and commencing and paying Pensions and Lump Sums from the SMSF. Our Trust Deed is drafted by Maddocks Lawyers and is up to date with current Super Laws.

When you apply online to establish an SMSF, ESUPERFUND will email to you all the required documentation necessary to establish the SMSF. Under our current promotional offer it is FREE to establish an SMSF with ESUPERFUND. The "Establishment Package" forwarded to you when you submit your online application to establish your SMSF includes the SMSF Trust Deed. We understand that establishing an SMSF is a big decision. So it is acceptable if you change your mind after applying to establish the SMSF. In fact when you receive the Establishment Package to setup the SMSF, you will have one month to review the documentation including the SMSF Trust Deed and can cancel the application at any time at no cost to you. Alternatively if you wish to proceed with establishing the SMSF you need to sign and return the Establishment Package.

Yes. Where required, ESUPERFUND will arrange for the Trust Deed to be updated. Realistically the Trust Deed is drafted extremely broadly and accordingly it does not need to be updated even if there are minor changes to legislation. By way of example there has only been one Trust Deed upgrade since 2006. The Fee for any update will be nominal and less than $100 where required.

When you establish an SMSF with ESUPERFUND we will provide an example of an Investment Strategy for your SMSF. You may adopt the standard Investment Strategy for your SMSF or modify it as you deem necessary. The Standard Investment Strategy is very flexible and in no way restrictive. It does not specify percentage investment ranges and gives you the flexibility in designing and implementing your investments of your SMSF as you deem appropriate as the SMSF Trustee. Find out more about Investment Strategy.

No. Importantly the "Establishment Package" documentation is prepopulated with the information provided by you in the online application meaning there is absolutely no requirement by you to complete any documentation. You need to review the completed documentation provided and if satisfied, sign and return the documentation via uploading to your client portal or via reply email, together with a copy of the Trustees Identification.

Yes. We understand that establishing an SMSF is a big decision. So it is acceptable if you change your mind after applying to establish the SMSF. In fact when you receive the Establishment Package to setup the SMSF you will have one month to review the documentation including the SMSF Trust Deed and can cancel the application at any time within that time at no cost to you. Alternatively if you wish to proceed with establishing the SMSF you need to sign and return the Establishment Package.

Find out the detailed information on what Identification qualifies for 100 points.

ESUPERFUND will forward documentation to you for signing to establish your SMSF within a few minutes after submitting the online application. Once you have signed and returned the Establishment documentation, it takes approximately 4 weeks to establish your SMSF. Find out more about the Setup Process Timeline.

Once your SMSF has been established, ESUPERFUND will send you a "Final Setup Package" with all your SMSF Details including ABN, TFN, Bank and Broker details. The "Final Setup Package" will include Rollover documentation which will be completed for you. You will need to sign the Rollover documentation and provide supporting documentation evidencing the existence of your SMSF. We will advise you what supporting documentation is required and where to find that documentation. Once you have signed the Rollover documentation and collated the supporting documentation required, you will need to forward it to your current Superfund for processing. The Rollover Process can take as little as one week or as long as one month depending on your current Superfund. Once the Rollover proceeds have been deposited into your SMSF Transaction Bank Account you can invest the monies.

No. ESUPERFUND do not require you to agree or sign up for an agreed period of time. To terminate the services of ESUPERFUND you need to notify ESUPERFUND in writing.