When transferring units can Companies be Unitholders in a Unit Trust on behalf of an SMSF?

Question

Can Companies hold Units in a Unit Trust on behalf of an SMSF?

Answer

Yes, Companies can non-beneficially hold units in a Unit Trust on behalf of an SMSF. Follow the below steps to properly display this Unitholding:

  1. Navigate to Menu > Trust Register > Trusts > open the Trust Profile > under “Unitholder” click "Transfer of Units"
  2. Within the Unitholder section, choose the 'Unitholder Type' as Trust, and then input the SMSF Name within the Trust Name section.

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  3. Indicate the 'Trustee Type' is Corporate, and the rest of the available fields will be indicative of the Company holding the units on behalf of the SMSF.
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