Terms & Conditions

Website

This website is intended for general information only and has been prepared in good faith based on Your Super Admin's understanding of current superannuation and taxation laws at the time of writing. Because of the complex and ever-changing nature of superannuation no person should rely on the contents of this website without first obtaining advice from a qualified professional person. Your Super Admin and it's directors, employees and agents expressly disclaim all and any liability and responsibility to any person, whether a reader of this website or not, in respect of anything, and of the consequences of anything, done or omitted to be done by any such person in reliance whether wholly or partially, upon the whole or any part of this site.

Newsletters

The information contained within the Newsletters is provided by Your Super Admin for educational and informative purposes only. Your Super Admin does not warrant or represent that the information is free from errors or omissions or is suitable for your intended use or the use by your clients. The material and opinions presented within the Newsletters should not be relied upon when providing specific advice to a client unless confirmation has been obtained by Your Super Admin prior to advising your client. Your Super Admin excludes all liability relating to relying on the information.

Fees

Your Super Admin reserves to right to change the published fees without notice as displayed on this website. Fees may be altered by providing notice to the client under the terms of the engagement agreement. Your Super Admin also reserves the right to refuse an application for new account or amend the published fee to cater for work loads that are outside our service capabilities. This will always be notified to any new or existing client before engagement commences and/or as per the terms of the engagement agreement.

A yearly charge, known as the Annual Subscription, is agreed to as published in the Fee Schedule unless otherwise notified of the variation. This fee includes administration, compliance, regulatory return and audit of your super fund and use of the Your Portfolio Administration system (V-Wrap & P-Desktop). Maintenance of Your portfolio Online is subject to Service Fees if the automated protocols for collecting data from your nominated broker/s and bank/s are not established and working. Where a high level of non automated transactions exists an Audit surcharge fee may be applicable, as each of these transactions will have to be audited individually. The fees quoted in the schedule are based on there being no material change in compliance administration requirements and fees charged by external providers.

The Annual Subscription is billed in two instalments. The first being the amount of $880 which represents fees payable for Administration & Compliance on a yearly basis. The second instalment of $990, which is for the completion of your funds Audit and Regulatory Return and is payable on the anniversary of your fund or when we begin the Audit. Non payment of these fees by the due dates notified may see your access to Your Portfolio Online removed and Your Super Admin ceasing the ongoing compliance for your fund.

The annual ATO levy is a separate fee paid to the ATO. This is not paid out of our fee. Where Your Super Admin pays this fee on behalf of the fund we will bill the fund as a reimbursement.

Fee Schedule

Your Super Admin reserves the right to vary the 2nd instalment payable in the following situations and add a Fund Audit Surcharge fee;

• Professional Indemnity cover increases by more than 10%
• The ATO issues new guidelines requiring an increased amount of audit work
• The Fund audit takes longer than 4 hrs, a Fund Audit Surcharge will apply $154 ph

 

• Annual Subscription $1,870 pa
• Prior Year/s Admin $1,410 py
• Once of Setup Fee $220
• GST Administration $220
• PAYG $55 each
• Actuarial Certificate (quoted on request)
• ASIC Forms at $55 per form
• Bank Rec and Upload $11 each
• Transfer Fee $220
• Segregated Pension Surcharge $770pa each for the 2nd and subsequent account