Winding up an SMSF · Pakenham
Your SMSF, wound up without the hassle.
If running your self-managed super fund has become more trouble than it's worth, you're not stuck with it. We plan the exit, coordinate the wind-up, and handle the moving parts — so it's done properly, and off your plate.
Sound familiar?
When an SMSF stops being worth it
A self-managed fund can be a great thing — until it isn't. These are the moments people come to us.
“It's more hassle than it's worth”
The admin, the annual audit, the compliance, the deadlines — it's wearing thin, and you'd rather be doing something else.
“The fees don't stack up”
Accounting, audit and ASIC costs can take a real bite — especially as the balance gets smaller.
“I'm thinking ahead”
What happens to the fund if your health changes, or something happens to you? Simpler is often safer as you get older.
“Our circumstances have changed”
A trustee has passed away, or is moving into aged care, and the fund needs to change or close.
“The rules feel heavy”
The obligations are real and the penalties for getting them wrong are off-putting. You'd like someone to take the weight.
“It's holding up my pension”
Once you're on the Age Pension, an SMSF makes Centrelink harder: they want the fund's financials every year, and those often aren't ready until months after year-end — delaying your entitlement and complicating it each time.
What we do
How we help you wind up your SMSF
Decide if it's the right move
An honest look at whether winding up actually suits you — sometimes the answer is to keep it, and we'll say so.
Plan the exit tax-effectively
We sequence how and when assets are sold or transferred, with capital gains tax in mind, so there are no nasty surprises.
Find the right home for your money
We help you roll your balance into a simpler super or pension that keeps your income going, without the trustee load.
Coordinate with your accountant
We work alongside your accountant and the fund's auditor, so the final accounts, audit and ATO steps are done properly.
Handle the moving parts
Rollovers, paperwork, notifications and closing the fund — we manage the sequence so nothing falls through the cracks.
Keep the big picture intact
We make sure your Centrelink, your income and your estate plan all still line up once the fund is gone.
How we work
Simple, and at your pace
A no-obligation chat
A phone chat to understand your fund and what you'd like to happen. We'll quote any fees up front, so there are no surprises.
We map out the wind-up
If it's the right move, we set out the plan — in plain english, in writing — including where your money goes and the order things happen in.
We coordinate, roll over & close it off
We work with your accountant, handle the rollovers and paperwork, and see the fund through to properly closed.
Often connected
What tends to come next
Winding up the fund is rarely the whole story — here's where it usually leads.
Good questions
Winding up an SMSF: FAQs
Why would I wind up my SMSF?
Common reasons: the admin and cost outweigh the benefit, you're simplifying as you get older, a trustee has died or is moving into aged care, or the balance no longer justifies running it. We'll help you weigh it up honestly.
Will winding up trigger a big tax bill?
It can have capital gains tax consequences, depending on the fund's assets and the timing — which is exactly why the exit is worth planning rather than rushing. We sequence it with tax in mind.
Do you do the accounting and audit?
No — we coordinate the wind-up with your accountant and the fund's auditor, who handle the final accounts, audit and ATO lodgement. We manage the strategy and the moving parts so it all happens properly.
Where does my money go afterwards?
Usually into a simpler super or pension account that keeps your income going without the trustee responsibilities. We help you choose one that suits and set it up.
What if a trustee has died or lost capacity?
There are specific steps and timeframes to follow. We help you and your accountant navigate them correctly, and as sensitively as the situation deserves.
Is this financial advice?
This page is general information only. Personal advice — recommendations for your specific circumstances — is provided separately and in writing.
Ready to hand back the hassle?
Book a complimentary, no-obligation 15-minute phone chat. We'll talk through your fund, what you'd like to happen, and how we can help — and we'll quote any fees up front, so you know exactly where you stand. (It's general information, not personal advice.)
Book your chatOr call us on (03) 5941 5955 · Mon–Thu, 8:30am–5:00pm
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