Please consult the fund manager for any of their requirements before commencing the transfer.
Here are the requirements for transferring managed investments as a contribution from direct holdings with the fund manager to a Macquarie Wrap Super/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 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 trust, company or spouse account, we'll also require:
| Trust Account | Company Account | Spouse Account |
|---|---|---|
1. Original Australian Standard Transfer form for each asset to be transferred, showing the change in legal ownership and completed with the following:
2. Signed letter from the trustees/executors of the Trust, stating the following:
| 1. Original Australian Standard Transfer form for each asset to be transferred, showing the change in legal ownership and completed with the following:
2. 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. |
The external platform will generate additional ASTFs required to transfer the managed funds, which will be sent to us to sign and used to facilitate the transfer with the fund managers.
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.
