SMSF does not need an Actuarial Certificate

As per the following situations your SMSF may not require an actuarial certificate:

  • Funds that have all members in pension phase and no accumulation accounts, as they are considered to be 100% tax free and segregated.
  • When no pensions are being paid by the SMSF, which means that all members are in accumulation phase.
  • When all pension assets are segregated from non–pension assets.

REMEMBER, the above are issues that auditors focus on when it comes to the audit of a SMSF. Our audits for funds start from $300 and follow a comprehensive audit plan.

DISCLAIMER: The above is general advice only, you should not act on this advice without consulting a professional adviser to discuss your personal circumstances.