This article is more than 24 months old and is now archived. This article has not been updated to reflect any changes to the law.
In June, we made a minor change — kindly suggested by the ATO — to the SMSF Certificate of Compliance we provide. The change should help prevent the recurring of a minor inconvenience that a couple of our customers had when rolling funds out of their APRA-regulated fund into their SMSF.
Here's an outline of:
How the inconvenience arose ...
Here's how the inconvenience arose for some of our customers:
The solution
The ATO then contacted us and together we worked out a solution. The
Certificate of Compliance that Cleardocs provides now prominently:
As far as we know, there have been no further problems.
What to do if you are rolling money from an APRA fund into your SMSF and you don't have the ATO's Notice?
If you are rolling money from an APRA fund into your SMSF and you don't yet have the ATO's notice, then refer the APRA fund to www.superfundlookup.gov.au
The legal information and commentary on this site is general only. Documents ordered through Cleardocs affect the user's legal rights and liabilities. To assess their suitability for the user, legal accounting and financial advice must be obtained.
Learn More
For more information, contact Maddocks on (03) 9258 3555 and ask to speak to a member of their team.