$0 SMSF Setup, $0 First Year Then $670 Per Year after That!
TL;DR - In addition to their Special Offer, if you email Online Superfund and ask for the "Extra Special Offer", you also get your first year for free.
This makes the initial setup and two years of SMSF administration $670 … Significantly less than what other companies charge for setup alone!
You will need to do a free online SMSF trustee course to get the $10 pa discount. It's not too painful and actually quite interesting for people starting out!
This won't be for everybody, but I figured my hard work might benefit someone out there.
As with any financial bargains, you should do your own research and talk to someone who is licensed to provide advice. This is just my research for my own personal situation.
As part of my New Years Resolution, I wanted to get some of my finances in order… This included my Super, which was featuring regularly on the bottom of InvestSmart rankings :(
After hours of googling, I stumbled across this list of Self managed Super Fund which made my job a lot simpler.
Cutting it down to a shortlist of products which suited my needs (cheap and with at least fairly basic access to managed funds, shares and cash), it came down to three possible products from Online Superfund, eSuperFund and Superannuation Warehouse!
I emailed a list of questions to each of them, and 2 out of the three responded almost immediately. Online Superfund provided the most direct and easy to understand response. Over the next few hours, we exchanged a few more emails, as I confirmed the background and stability of the company as well as the experience and qualifications of the guy.
Satisfied after all of the responses to my questions, I pushed my luck and sought a discount. I was able to get them to add in one years worth of service for free. I asked if I could invite others to join up with this offer as well and they agreed.
Hopefully this is of some use to someone out there! Even if it just made you check to see how your super is going!
(OK, so really I'm hoping I'm not the only sad sack with boring New Year Resolutions!)