Transferring from an IDPS to a Super or Pension as a contribution

To transfer contributions from a Macquarie Wrap Investment (IDPS) account to a Macquarie Wrap Super or Pension accoun, you need to provide:

1. Superannuation Asset Transfer form completed with the following:
   • Account name and number of the Superannuation/Pension account
   • For personal contributions, the Personal contribution box should be ticked
   • For spouse contributions, the Spouse contribution box should be ticked
   • Value of assets
   • Form signed by the owner of the Wrap account.
2. Macquarie Asset Transfer form completed with the following:
   • Seller: Name and account number of the sending account, signed by the trustees, directors or owners
   • Buyer: Bond Street Custodians Ltd (include client’s account number), and signature section left blank for us to complete
   • Please note:
     • Assets to be transferred should be listed
     • Number of units must be included (percentage figures aren't accepted)
     • Managed funds units should be to 4 decimal places.
3. If assets are being contributed from a company or trust, we'll also require:
   • For assets being contributed from a company, a signed letter from the directors of the company on the company letterhead, stating the following:
     • ‘The in-specie transfer of assets is a personal contribution being made on behalf of the member at his/her direction. The member is entitled to the assets and it has been correctly classified as an after-tax contribution.’
   • For assets being contributed from a trust, a signed letter from the trustees/executors of the trust stating the following:
     • ‘The in-specie transfer of asset(s) is a distribution to the member. The member has instructed the trustees of the family trust to direct the distribution into their super account as a personal contribution.'

Before you submit the request:

• For existing Pension accounts, please also submit a client signed Pension Update Request form in addition to the requirements below.
• For Pension accounts, please ensure you don't exceed the transfer balance cap. Pension starting values are calculated after all assets, rollovers and/or contributions are received, and may differ to the initial transfer value due to market movement.