Questions & Answers - Fees

It is FREE to set up your own SMSF with ESUPERFUND under our current Special Offer. Our Free New SMSF Setup Offer includes attending to the following requirements to establish your SMSF:

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

The ESUPERFUND annual fee is FREE for the first Financial Year and then per annum. ESUPERFUND attends to the taxation and accounting obligations for your SMSF for an annual fixed fee of per annum (GST inclusive), irrespective of the number of transactions made by your SMSF, the size of your SMSF or the number of Members. The ESUPERFUND annual fee includes attending to the following annual compliance obligations for your SMSF:

Yes. ESUPERFUND attends to the above annual compliance requirements for your SMSF for our annual administration fee of per annum. You do not need to arrange for another Accountant to prepare the above annual documentation as it is all completed by ESUPERFUND. Similarly you can be assured our annual administration fee of per annum will cover your SMSF annual obligations. Please note that the ATO charges an annual levy of for each SMSF. This annual ATO Levy applies to all SMSF's and not just SMSF's administered by ESUPERFUND. Accordingly the annual ATO Levy cannot be avoided irrespective of which provider you choose to administer your SMSF. The annual ATO Levy of is payable in addition to the ESUPERFUND annual administration fee of per annum.

At ESUPERFUND our annual fee is fixed at per annum, irrespective of the number of transactions made by your SMSF, the size of your SMSF or the number of Members.

For detailed information, please visit our Fee Schedule page.

No. The ESUPERFUND annual fee is fixed at per annum whether your SMSF has 10 or 1,000 transactions per annum.

No. The ESUPERFUND annual fee is fixed at per annum whether you have 1,2,3 or 4 Members (noting that 4 Members is the maximum in an SMSF).

No. The ESUPERFUND annual fee is fixed at per annum whether you have $1 or $10 million in your SMSF.

No. The ESUPERFUND annual fee is not an introductory fee. Our aim is to ensure our fees are the most competitive in the market on a continual basis. At ESUPERFUND our administration fee is currently fixed at per annum, irrespective of the number of transactions made by your SMSF, the size of your SMSF or the number of Members.

For New SMSF Setups the annual fee is payable on 15 January each year after the expiration of our Special Offer period.

Importantly your SMSF will pay the annual fee of from the Transaction Bank Account established for your SMSF. An authority to make the payment annually is included with the Establishment Package sent to you for signing when you apply to establish an SMSF with ESUPERFUND. The payment will occur automatically each year from your SMSF's Transaction Bank Account.

There is no charge. Once you turn Preservation Age you are permitted to commence a Pension Income Stream from your SMSF. ESUPERFUND will setup a Pension at no additional cost to you. 

You should obtain your own independent financial and taxation advice about whether taking the above action is appropriate to your circumstances.

When you commence a Pension in your SMSF there are a range of additional compliance requirements necessary each year. These additional compliance requirements are all attended to by ESUPERFUND. Our annual fee does not change even if you commence a Pension. Please note that in some cases, an Actuary Certificate is required and the cost of an Actuary's Certificate is not included in our annual fee. For more information on Actuary Certificate, please click here.

You should obtain your own independent financial and taxation advice about whether taking the above action is appropriate to your circumstances.

There is no charge. To ensure your Super Benefit is distributed in accordance with your wishes on death all SMSF Members should, execute a Death Benefit Agreement for their SMSF. ESUPERFUND allows you to do this on our website for no additional charge.

You should obtain your own independent financial and taxation advice about whether taking the above action is appropriate to your circumstances.

You are permitted to add or remove Members and Trustees. You can lodge a change trustee or member application through your Client Portal. A fee of will apply to establish the change of Trustee/Member application. It is important to note that additional costs may apply when processing a change in Trustee/Member application in relation to your SMSF. You should seek legal or professional advice before completing a change in Trustee/Member application for your SMSF. ESUPERFUND does not and cannot provide you with financial or legal advice in relation to a change in Trustee/Member for your SMSF.

ESUPERFUND charges (incl. GST) to wind up an SMSF (i.e. to close down your SMSF). If you decide that ESUPERFUND services is no longer required for your SMSF, you may move to another accountant at any time. If you terminate the services of ESUPERFUND prior to having paid at least one (1) year's annual compliance fee of then an exit fee of will apply. If you terminate the services of ESUPERFUND and have paid at least one (1) year's annual compliance fee of then NO exit fee will apply. You can terminate the services of ESUPERFUND at any time and for any reason by notifying ESUPERFUND in writing.

Clients of ESUPERFUND are permitted to borrow invest in Australian Residential and Commercial Property. It is important to understand that when you borrow to buy property you must purchase the Property using a Bare Trust or Security Custodian Structure. Importantly ESUPERFUND attends to the entire setup process and loan establishment. This service is . In addition no additional fee is payable by clients who invest in Property with their SMSF, whether they borrow or not. Our annual fee remains at per annum. Please note that fees will be charged by the Lender providing finance for the Borrowing. Find out more about the Interest Rates and Fees.

You should obtain your own independent financial and taxation advice about whether taking the above action is appropriate to your circumstances.

The ATO charges an annual levy of for each SMSF. This annual ATO Levy applies to all SMSF's and not just SMSF's administered by ESUPERFUND. Accordingly the annual ATO Levy cannot be avoided irrespective of which provider you choose to administer your SMSF. The annual ATO Levy of is payable in addition to our annual fee of per annum.

No. ESUPERFUND does not charge any Contribution Fees.

No. ESUPERFUND does not charge any Entry Fees.

When setting up an SMSF it is important to understand that additional fees may apply that must be carefully considered prior to making a decision to setup an SMSF including:

ATO Supervisory Levy

The ATO charges an annual levy of for each SMSF. This annual ATO Levy applies to all SMSF's and not just SMSFs administered by ESUPERFUND. Accordingly the annual ATO Levy cannot be avoided irrespective of which provider you choose to administer your SMSF.

Company Trustee Setup Fee (where applicable)

When setting up an SMSF you can appoint either Individuals as SMSF Trustees or a Company as Trustee. Each option is discussed here. For your convenience, if you do not have an existing Company and would like to establish a Company to act as Trustee for your SMSF, ESUPERFUND offers a Company Setup Service as part of its online SMSF application here. The cost of establishing a Company with ESUPERFUND is . In addition where the sole purpose of the company is to act as Trustee for an SMSF (for a "special purpose") the annual ASIC review fee is reduced to per annum compared to per annum for a company that is not a "special purpose" company. These fees can be avoided by using Individual Trustees for your SMSF . There is no additional annual fee payable to ESUPERFUND to manage the Company. Please note that you are not obligated to use the ESUPERFUND Company Setup Service and can arrange to setup a Company with any provider desired. The Company details can in turn be entered into our online application when applying for an SMSF here.

Investment Fees

When you setup an SMSF you can invest in a range of different Investments as detailed here. It is important to understand that fees may be incurred when investing your Super Benefit including but not limited to brokerage fees when investing in shares and property purchase costs such as stamp duty and borrowing costs when investing property. Information about Investment Fees can be typically found by reading the product disclosure statements and terms and conditions of the relevant Investment (where applicable) or by contacting the Product Provider directly.

You should obtain your own independent financial and taxation advice about whether setting up an SMSF is appropriate for your circumstances.