Please consult the issuer for any of their requirements before commencing the transfer.
Here are the requirements for transferring contributions of issuer sponsored listed securities to a Macquarie Wrap Super or Pension account:
- Superannuation Asset Transfer form completed with the following:
- Account name and number of the Super/Pension account
- For personal contributions, the Personal contribution box should be ticked
- For spousal contributions, the Spouse contribution box should be ticked
- Value of assets
- Form signed by the owner of the Wrap account.
- Original Issuer Transfer Request form completed with the following:
- Client’s Wrap account number
- Asset code, name and number of units to be transferred
- SRN of client’s holding
- Current registration details of client’s holding – name and address
- Signed by clients registered on external account
- Original Australian Standard Transfer form for same asset to be transferred and completed with the following:
- Asset name, APIR code and number of units to be transferred
- Seller: name of the account held with the Fund Manager, and signed by the directors/trustees
- Investor ID/Number of the client’s holding in the asset, written under the Seller’s name
- Buyer: Bond Street Custodians Ltd (include client’s account number), and signature section left blank for us to complete
- Consideration: NCBO
- And if assets are being contributed from a joint, trust, company or spouse account, we’ll also require:
| Trust Account | Company Account | Spouse Account |
|---|---|---|
1. Signed letter from the trustees/executors of the Trust, stating the following:
| 1. Signed letter from the trustees/executors of the Trust, stating the following:
| Personal contribution: 1. Signed letter from the Spouse with the following statement: 'I confirm that the funds are being contributed on behalf of the receiving member as an after-tax personal contribution.' This letter may be scanned and sent via email. Spouse contribution: No further requirements. |
Before you submit the request
- For existing pension accounts, please also submit a client signed Pension Update Request in addition to the requirements below
- The assets must be available on the applicable Investment Menu to be held on platform
- All transfers into superannuation accounts will occur as a change of beneficial ownership (CBO) transfer and will trigger a CGT event. This is because the beneficial owner of the account is the Macquarie Superannuation Plan, not the member
- Contributions must adhere to contribution caps and are subject to superannuation rules as outlined in the taxation and superannuation law
- The client’s Tax File Number (TFN) must be provided before we can accept any personal contributions into their super account
- 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.
- The effective date of the transfer will be when Macquarie Wrap has received all the completed documents
- The consideration will be the closing market price on that date. For estate accounts, some issuers may require additional forms
- Where the client intends to claim a tax deduction on a personal contribution, the client must provide a valid Deduction Notice for Personal Contributions form
- For all equity transfers that involve a Change of Beneficial Ownership, the market value must be greater than $500 as at transfer date.
