We get lots of questions about the benefits of our pension documents and I regularly stress the importance aligning the rules of the income stream to that of the fund’s trust deed. This is important as certain deeds and income streams have unique features that set apart the pensions from what is more ‘generically’ available to be created.
Now, whilst we’d love everybody to be utilising the Smarter SMSF trust deed, we know this simply won’t be the case. Therefore, two key features of our pension documents for many users won’t have application, being:
- the ability to add the income stream as a ‘special rule of the fund’; and
- choosing whether the income stream is to be documented as a paramount document
Given the quality and depth of our pension documents, we have many requests for people to be able to utilise these pension documents in a more ‘generic’ sense – i.e. allowing the pension documents to be used applying a different trust deed. Well, we are pleased to advise that we have now incorporated this change into our order process.
You can watch this video below that explains the changes within the order form and the impact on the generated pension commencement document: