SMSF pension support, from commencement to commutation
Pension phase is where SMSF administration earns its keep: precise calculations, strict timing and reporting that regulators actually read. Venus supports Australian practices through the pension lifecycle, with the documents, minimums and transfer balance reporting handled correctly.
SMSF servicesSMSF pension support
Commencements done cleanly
Pension commencement documentation prepared, minimum payment amounts calculated and pro rated for part years, transfer balance cap positions checked before commencement values are set, and the fund's accounts restructured for pension phase, including the ECPI consequences.
The events that follow
Minimum payments tracked through the year with shortfall risk flagged early, commutations papered and processed, transfer balance account report events lodged inside their windows, and death benefit processing supported with the care and documentation those events demand.
Why timing is the whole game
A missed minimum can cost a fund its exempt income; a late TBAR invites attention nobody wants. The value of a dedicated pension lane is simply that the clock is always being watched.
What you send
- Member and fund details
- Commencement instructions from your advice process
- Payment records
- Prior TBAR history
What you get back
- Commencement and commutation documents
- Minimum calculations and tracking
- TBAR lodgement preparation
- Pension phase accounting in BGL or Class
Frequently asked questions
Do you track minimum pension payments?
Yes. Minimums are calculated, tracked against actual payments through the year, and shortfall risk is flagged to your practice early.
Do you prepare transfer balance account reports?
Yes. TBAR events are identified as they occur and prepared for lodgement inside the applicable reporting windows.
Who advises the member on pension decisions?
Your practice, under its own licensing arrangements. Venus documents and processes the decisions your advice process produces.
Let's add capacity to your practice
Tell us a little about your practice and a senior team member will reach out within one business day.