Super Splitting

Valuation is a mandatory step for court orders when splitting superannuation. The method and factors for valuation are prescribed by the Family Law (Superannuation) Regulations 2001. In the growth phase, there is a three step process:

1. Obtain the gross value
2. Deduct earlier splits
3. Deduct surcharge liability

In the payment phase there is a two step process:

1. Obtain the gross value
2. Deduct earlier splits

Both of these require obtaining the gross value. The gross value is determined by a prescribed actuarial formula.

The trustee may apply for a plan specific method and factors where the default factors produce results not in keeping with plan design. Click here for more information.

SCHEDULE OF CHARGES

(Please note these charges relate only to instructions received from legal practitioners)

Valuations

	Subscriber	Non-Subscriber
Form 6 (one date)	$385	$550
Form 6 (two dates)	$550	$825
Form 6 (Corporate Funds – one date)	$550	$825
Form 6 (multiple dates)	Fixed Quote	Fixed Quote

Non Form 6, CSS, PSS, MSBS, DFRDB:

Statement (one date)	$550	$825
Statement (two dates)	$880	$1145
Corporate Funds – one date	$825	$1075
Statement (multiple dates)	Fixed Quote	Fixed Quote

*An administration fee of $220 applies for Joint Instructions received and subscriber discounts do not apply to joint instructions

NOTE: We require monies in our trust account prior to commencing work

What we need from you

Superannuation funds allow members and non-members to apply to the fund for information for family law purposes. The application form to obtain this information is commonly known as a ‘Form 6’.
Click here to create a ready-made Form 6 to print and send to the relevant fund.

Once the fund has provided a response to the Form 6, SuperSplitting may value the superannuation interest in accordance with the Family Law (Superannuation) Regulations.
Please contact SuperSplitting to order a valuation or if you require further information on (02) 6257 6688 or info@supersplitting.com.au