Specialist SMSF Course
- Who should enrol
- About this program
- Benefits
- What topics are covered
- Where and when can I study
- Who accredits this program
- How much does it cost
- FAQ's
- How do I enrol
Who should enrol
This SMSF course has been designed to provide participants with the knowledge required to undertake the SPAA SMSF Specialist Adviser Program.
To enrol in this course participants will be required to demonstrate two years of SMSF industry experience. Exposure to all facets of SMSF's is desirable.
About this program
This course consists of 3 contact days and an optional on-line exam.
The on-line exam is required for participants who wish to receive ASIC RG146 compliance in the area of Self Managed Superannuation via this course. Participants will be required to nominate for the on-line exam at the time of registration. For full details on compliance please see Who accredits this program
Courses are delivered by industry expert Peter Hogan.
Course brochure can be downloaded here
- Delivery is via face to face workshops that allow participants to interact not only with the presenter but also other participants who are generally working in the SMSF industry
- Lectures delivered by Industry expert
- 63 SPAA CPD points
- RG146 compliant in Self Managed Superannuation*
* In order to provide advice on Superannuation (including Self Managed Superannuation) individuals must also complete an approved Tier 1 course in Superannuation.
What topics are covered?
- General introduction to SMSF's
- What is a SMSF?
- Benefits of SMSF's
- Establishing a SMSF
- Who can be a member of a SMSF?
- Who can give advice in relation to SMSF's?
- Ongoing administration requirements of trustees
- Trustee responsibilities
- Drafting Investment objectives and strategy for a SMSF
- Applicable legislation
- Principles of the sole purpose test and investment standards
- Basic restrictions that apply to investments
- Who and what entities are associates
- Interaction of the various investment restrictions in specific circumstances
- Transitional provisions to prescribed arrangements
- Role and responsibilities of auditors
- The distinction between financial and compliance reports
- Circumstances when an auditor must report breaches to trustees and regulators
- Assessable income of SMSF's in the accumulation phase
- Non arm's length income
- Deductions - insurance premiums, self insurance and Anti detriment payments
- Opportunities in the small business CGT concessions
- Sole purpose test - determination of benefit entitlements
- Commencing a pension - steps to be taken
- Personal taxation issues
- New pension definitions
- Review of taxation of SMSF's
- Specific tax issues relating to pensions
- Segregated vs un-segregated
- Use of reserves in pension environment
- Continuing pension liability problems
- Investment strategy concerns
- Rules around use of derivatives
- Estate Planning - dealing with the new environment
- Estate Planning - detailed analysis of who is a dependant and what are their entitlements
- Winding up a SMSF - what you need to do
Where and when can I study
Scheduled dates and locations are listed below.
If you are not able to attend the scheduled times or locations but would like to register your interest in the course please email Tania Turner.
Groups who have more than 15 participants are welcome to contact the International Centre for Financial Services to arrange session times and locations that may better suit your requirements. Please contact Tania Turner via email or on (08) 8313 8398 to discuss your requirements.
Adelaide
We currently do not have any dates scheduled for Adelaide. To register your interest for future courses offered in Adelaide please contact Tania Turner via email.
We currently do not have any dates scheduled for Brisbane. To register your interest for future courses offered in Brisbane please contact Tania Turner via email.
We currently do not have any dates scheduled for Melbourne. To register your interest for future courses offered in Melbourne please contact Tania Turner via email.
We currently do not have any dates scheduled for Perth. To register your interest for future courses offered in Perth please contact Tania Turner via email.
We currently do not have any dates scheduled for Sydney. To register your interest for future courses offered in Sydney please contact Tania Turner via email.
Who Accredits this program?
Self Managed Super Fund Professional's Association of Australia (SPAA)
ASIC compliance
This program provides 63 SPAA CPD points.
A copy of the course assessment report can be viewed here.
The Specialist SMSF course has been included on the Australian Securities and Investment Commission (ASIC) Compliant Training Register for RG146 compliance in Self Managed Superannuation.
In order to provide advice on Superannuation (including Self Managed Superannuation) individuals must also complete an approved Tier 1 course in Superannuation.
Participants wanting to claim the RG146 compliance in Self Managed Superannuation via this course MUST undertake the online exam.
Details of compliance can be viewed here
How much does it cost
The price for the course is AU$1,500.
For participants wanting to undertake the optional online an exam a fee of $150 will apply.
Please note those wanting to undertake the SPAA SMSF Specialist Adviser accreditation will be required to contact SPAA in regards to the fee structure.
FAQs
Are there any entry requirements for the program?
Yes participants will need to have at least two years of SMSF industry experience. Exposure to all facets of SMSF's is desirable.
Not sure if you qualify, please contact Tania Turner via email or on (08) 8313 8398.
What is the difference between the Professional Certificate program and this course?
The Professional Certificate is:
- A University award program so upon successful completion of the program you will receive a University parchment and make use of the associated post-nominal's.
- A comprehensive 8 day program in SMSF's.
- You will be eligible to take part in the graduation ceremonies held at the University of Adelaide
- Requires participants to complete a 3 hour open book exam as part of the assessment for each course as well as assignments
- As this is a 6 unit University award program you may be eligible to count these courses towards a Masters program as electives. This is at the discretion of the admitting University.
- You will be eligible for The SMSF Professional's Association of Australia Prize for the Professional Certificate in Self Managed Superannuation
The Specialist SMSF course is:
- A non award course so there are no post-nominal's associated with completion of the course. Upon successful completion of the program participants receive a University branded certificate.
- A concise course designed to provide participants with the knowledge to undertake the SPAA SMSF Specialist Adviser Program
- Is assessed via an optional on-line exam. The exam is required to be completed for those participants wanting to receive RG146 compliance in Self Managed Superannuation by completing this course.
Is the course offered via distance learning?
No, we only teach via face to face workshops and believe this is a benefit of the program. You will have the opportunity to interact with the lecturer and also other participants who are generally working in the SMSF industry.
How up to date is the information covered in the course?
The lecturer constantly updates the materials and if any rulings come through during the course of your studies they will be updated and included.
How do I enrol
Download the registration form here
If the dates or locations listed above do not suit you but you would like to express interest in future offerings please contact Tania Turner via email with details of your preferred location.
