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Adding a Self-Managed Super Fund (SMSF) in AdvserLogic

Learn how to add a SMSF in AdviserLogic to ensure accurate superannuation records for your client's retirement planning

Maria Iglesias - Content Lead avatar
Written by Maria Iglesias - Content Lead
Updated over 2 weeks ago

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Overview

Self-Managed Super Funds (SMSFs) allow individuals to take control of their retirement savings, providing greater flexibility and investment choice. These funds are managed by trustees who are responsible for compliance, investment decisions, and administration.

Adding an SMSF correctly in AdviserLogic ensures that:

Superannuation balances, contributions, and investment allocations are accurately recorded.
Trustee details, beneficiary nominations, and compliance information are properly documented.
Fund details are seamlessly integrated into financial modelling and retirement strategy development.

📌 Note

If you need to add an Industry Super Fund or Platform Super Fund, please follow the respective instructions instead.


Adding Self- Managed Super Fund (SMSF) in AdviserLogic

To add an SMSF navigate to the Fact Find from your client's record

  • From the Fact Find Financial Screen – Select Superannuation from the top menu bar.

  • From the Fact Find Tab – Hover over Fact Find and select Superannuation from the drop-down options.

Select the blue +plus button from the SMSF section.


This will open a pop-up window where you can enter the required information along with any relevant details or comments.

When adding a Self-Managed Super Fund (SMSF) in AdviserLogic, complete the following fields to ensure accurate compliance tracking, investment management, and retirement planning.

Name*

The name of the SMSF (must be valid and correctly entered).

Commencement Date

The date the SMSF was established.

Account Status*

Indicates whether the SMSF is current or inactive.

TFN

The Tax File Number associated with the SMSF.

ABN

The Australian Business Number for the SMSF.

Corporate Trustee Name

The name of the corporate trustee, if applicable.

Corporate ACN

The Australian Company Number (ACN) of the corporate trustee, if applicable.

Exclude from SuperAAA RoA

Select this option if the fund should be excluded from SuperAAA Review of Advice (RoA).

Last Review Date

The most recent review date of the SMSF.

Notes

Any additional details or comments regarding the SMSF.

Add Member

Option to add individual members to the SMSF. Adding members will open additional fields

📌 Fields marked with an asterisk (*) are required.


Select Add Member to add a member to the SMSF, then fill out the relevant fields and Save Member.

SMSF Member Details Fields in AdviserLogic

When adding a Self-Managed Super Fund (SMSF) member, complete the following fields to ensure accurate superannuation management and compliance tracking.

Member Name*

The name of the SMSF member.

Choose an exiting client from the drop-down where the member is the client or partner, Choose Other where the member is not part of the client's Fact Find.

Director

Indicates if the member is a director of the corporate trustee.

Trustee

Specifies if the member is a trustee of the SMSF.

Account Details

Displays account information linked to the member.

Type

Specifies the account type :

  • Accumulation

  • Pension

Balance (%)

The member’s ownership percentage of the total SMSF balance.

Taxable Component

The portion of the balance that is taxable.

Tax-Free Component

The portion of the balance that is tax-free.

Estate Option

Indicates the estate nomination preference for the member’s balance:

  • Binding Death Nomination Lapsing

  • Binding Death Nomination Non-Lapsing

  • Trustee Discretion

  • Non-binding Nomination

  • None

  • Not Disclosed

As at Date

The date when the SMSF details were last updated.

Notes

Additional comments or relevant information about the member’s account.

Add Account

Allows you to add multiple accounts for the same SMSF member.

📌 Fields marked with an asterisk (*) are required.

Select the blue +plus button to add the underlying investments

Choose from:

Australian Shares

enter the ASX code or the company name in the Description field. A list of matching options will automatically appear—simply select the correct share from the autopopulated list.

Bank Deposit

  • Enter Bank Deposit Details

  • Mark as Cash Account (Optional) – Tick Mark as Cash Account if this is the primary cash holding.

Managed Funds

Type the fund name or APIR code in the Description field and select the correct option from the auto-populated list.

Other

For alternative investments (e.g., private equity, collectibles), manually enter the investment name and details.

Custom Product

To choose a custom product you must first create it in Tools > Custom Products following the Custom Product Creation Instructions

Investment Property

Enter the Investment Property:

  • Balance Date* – Enter the date the balance was recorded (Required).

  • Street* – Enter the property address (Required).

  • Suburb – Input the suburb or city where the property is located.

  • State – Select the state or territory from the dropdown list.

  • Post Code – Enter the postal code of the property.

  • Country – Specify the country where the property is located.

  • Purchase Price ($) – Enter the original purchase price of the property.

  • Purchase Date – Input the date the property was acquired.

  • Valuation Date* – Enter the most recent valuation date (Required).


Accumulation Account Fields

Field

Description

Type

Specifies the account type (e.g., Accumulation).

Balance (%)

The percentage of the total SMSF balance allocated to this account.

Taxable Component

The portion of the account balance that is taxable.

Tax-Free Component

The portion of the account balance that is tax-free.

Estate Option

Indicates the estate nomination preference for the account.

As at Date

The date when the account details were last updated.

Notes

Additional comments or relevant information about the account.


Pension Account Fields

Type

Specifies the account type (e.g., Pension).

Balance (%)

The percentage of the total SMSF balance allocated to this pension account.

Taxable Component

The portion of the pension account balance that is taxable.

Tax-Free Component

The portion of the pension account balance that is tax-free.

Estate Option

Indicates the estate nomination preference for the pension account.

As at Date

The date when the account details were last updated.

Notes

Additional comments or relevant information about the account.


Pension Details Fields

Field

Description

Minimum

The minimum required pension payment.

Amount Type

Defines whether the pension amount is fixed or variable.

Indexation Rate (%)

The percentage rate at which the pension payment increases annually.

Payment Amount

The total annual pension payment the member will receive.

Assessment for Asset Test (%)

The percentage of the pension account assessed for Centrelink asset testing.

TTR Pension

Indicates if the pension is a Transition to Retirement (TTR) pension.

TTR Duration (yr)

Specifies the expected duration (in years) of the TTR pension phase.

Apply Deeming Rates

Determines if deeming rates should be applied for income testing.

Deductible Amount

The tax-free portion of the pension payments.

Growth (%)

The expected capital growth rate of the pension account.

Income (%)

The expected income return generated from pension investments.

Imputation Credits (%)

The percentage of franking credits applicable to pension income.

Tax Free (%)

The percentage of the pension payment that is tax-free.

📌 Fields marked with an asterisk (*) are required.

Some fields need to be selected from drop-down menus. If the member's ownership percentage is not entered, this will not pull through to scenarios correctly.

  • ​For Cashflow - The SMSF scenario in Cashflow 2.0 will import multiple pension balances separately and show the projection based on the payment type selected in Factfinder.

  • For SOA - The tables will show as a breakdown of each members percentage.


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