Logo

Actuarial Services 



Relaxed

If you don't have time to fill in actuarial certificate forms or want strategic oversight, just send us the previous report, current draft accounts and general ledger and we will do the rest for no additional cost.

ABP Certificates

An actuarial certificate is needed under s295-390 of the ITAA97 in order to claim a proportion of the assessable SMSF income as exempt from tax under the unsegregated method.

  Click here for Data Form           PDF  

Alternatively, email us the general ledger from the admin application.

Cost: $132 inclusive of gst.

Defined Pensions

For SMSFs with a legacy defined pensions such as s1.06(2) Lifetime; s1.06(7) Life Expectancy and s1.06(6) Flexi Pension.

To check the assets meet the high probability requirement going forward and provide the s295-390 tax exemption percentage for past year.

        Click here for Application Form  

Cost: $396 inclusive of gst.

2018-19 Issues

Part of the year may be deemed by the ATO to be segregated if it has a period with only pensions. The accounts and actuarial certificate must reflect this.

Some SMSFs have a total superannuation balance of more than $1.6m and a pensioner may be forced to use the unsegregated ECPI method.

Market-linked pensions commuted and restarted need a TBC workaround to avoid unintended consequences.

Support Tools

A number of support tools will be loaded shortly including:

♦  Defined benefit lifetime pension liability estimator to allow movement in required reserves monitoring;

♦  Evaluator of whether partial year segregation or engineered full year unsegregated is better; and

♦  Required Actuarial Certificate.

Actuarial

NetActuary can assist you with issues such as achieving better tax outcomes, legacy pensions not meeting adequacy requirements or nearing the end of the term. Neglected reserves and impact of changes on the Age Pension are other areas of interest.

Consulting Services

Some of the actuarial consulting services we undertake include:

♦   APRA defined benefit superannuation
♦   Employee Share Option liabilities
♦   Workers Compensation & CTP
♦   Retirement Homes projections
♦   Long Service & Sick Leave liabilities
♦   Financial Modelling services

To discuss phone Brian on 03-6224 1145.


© 2018 NetActuary Pty Ltd
ABN 94108585164
83 Salamanca Place Hobart 7004
PO Box 750 Sandy Bay Tas 7006
Email: Brian@NetActuary.com.au
Direct Tel: (03) 6224 1145