Help to set up your SMSF

Our SMSF setup service takes the hard work out of setting up your own self managed super fund. We’ll help look after the paperwork, so you can get started sooner.

We’ll manage the paperwork to set up your SMSF.

A BT Panorama Investments account so you can invest your super. 

Learn more about Panorama Investments

 

An integrated BT Cash Management Account for your SMSF transactions.

One simple application and phone call to set up your SMSF, its bank account and investment platform.

We will provide you with the documents to set up your SMSF, ready for your signature.

We apply for your SMSF Tax File Number and Australian Business Number, plus register your SMSF with the ATO.

Once your SMSF has been activated, you can make contributions, rollover your super, and start investing, your way.

Individual trustees

  • Each member is a trustee of the SMSF

Corporate trustee

  • A company is set up to act as the trustee of the SMSF

  • Generally, each member is appointed as a director of the company

There are a few key differences between the trustee structures and it’s important to choose the most appropriate one for you. Learn more about trustee structures.

Individual trustees

  • Provide the documents to establish your SMSF, including:

    -  Trust
    -  Trustee declarations and consents
    -  Product disclosure statement (PDS)
    -  Member applications and minutes

  • Register your SMSF as a regulated fund with the Australian Taxation Office (ATO)

  • Register your fund for a Tax File Number (TFN) and Australian Business Number (ABN)

  • Investment strategy template

  • Set up a Panorama Investments account with an integrated BT Cash Management Account

Corporate trustees

  • Provide the documents to establish your SMSF, including:

    -  Trust
    -  Trustee declarations and consents
    -  Product disclosure statement (PDS)
    -  Member applications and minutes

  • Register your SMSF as a regulated fund with the Australian Taxation Office (ATO)

  • Register your fund for a Tax File Number (TFN) and Australian Business Number (ABN)

  • Investment strategy template

  • Set up a Panorama Investments account with an integrated BT Cash Management Account

  • Establish a company to act as corporate trustee of your SMSF

  • Register the company with the Australian Securities & Investments Commission (ASIC)

SMSF setup with individual trustees

$440*inc GST

This covers:

  • providing you with the Trust Deed and other documentation to establish your SMSF

  • arranging for the required registrations, including the registration of your SMSF as a regulated fund with the ATO

SMSF setup with a corporate trustee

$1,168*inc GST

This covers:

  • providing the Trust Deed and other documentation to establish your SMSF

  • arranging for all of the required registrations, including the registration of your SMSF as a regulated fund with the ATO

  • setting up a company to act as trustee

  • registering the company with ASIC (the $488 company registration fee is included)

Current as at 19 August 2018. Fees and costs are subject to change.

* Additional fees may apply if stamp duty is payable following execution of your Trust Deed in Tasmania and Northern Territory.
 

Find out more about fees and costs

If you want to know more about the fees and costs please refer to the BT Panorama SMSF Establishment Service Guide.

Frequently asked questions

Is an SMSF right for me?

This is an important question for you to consider before deciding to set up your own self managed super fund.

If you like being in the driver’s seat and want more flexibility than a conventional super fund, managing your own super may be an attractive option. But there are some pros and cons to consider.

Do I need to open an investment platform and cash account?

To apply for our SMSF setup service you will also need to apply for a Panorama Investments account and an integrated BT Cash Management Account (CMA) for your SMSF. Our SMSF consultants will help you apply for these in one simple application.

All of your Panorama investment transactions – including when you buy, sell or receive dividends – will be transacted through your BT CMA. The BT CMA is also designed so you can use it for all of your SMSF’s other transactions (eg to receive contributions, pay pensions or receive rental income on an investment property).

Some of your BT SMSF fees will be deducted from your BT CMA, such as:
-        SMSF setup costs
-        Paying for your investment platform account
-        Share trading costs.

Open an account

If you're ready to get started you can apply online in about 10 minutes.

Simply complete the form and a BT SMSF consultant will call you back.

What you need to know

The information on this website has been prepared by BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) and is current as at June 2018. The information provided is general in nature and does not take into account your personal needs, objectives or circumstances and therefore, before acting on it, you should consider whether it is appropriate for you. Past performance is not a reliable indicator of future performance.

BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) operates Panorama Investments. Westpac Financial Services Ltd ABN 20 000 241 127 AFSL 233716 (WFSL) is the responsible entity and issuer of interests in BT Managed Portfolios. Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) is the issuer of the BT Cash Management Account (BT CMA). Together, these products are referred to as the Panorama products.

A Product Disclosure Statement or other disclosure document (PDS) for the Panorama products can be obtained by contacting BT on 1300 554 267 or by visiting www.bt.com.au/smsf. You should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of interests in the Panorama products. In addition, BTPS is the provider of the Panorama SMSF Establishment Service and the Panorama SMSF Administration Service. The Guide and Terms and Conditions for these services are available on www.bt.com.au/smsf or by calling 1300 554 267.

BTPS and WFSL are subsidiaries of Westpac. Apart from any interest investors may have in Westpac term deposits, Westpac securities, BT CMA and BT CMA Saver acquired through the Panorama operating system, an investment acquired using the Panorama operating system is not an investment in, deposit with or any other liability of Westpac or any other company in the Westpac Group. These investments are subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. Westpac and its related entities do not stand behind or otherwise guarantee the capital value or investment performance of any investments acquired through the Panorama operating system.