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From the Main toolbar Select Member
Select Fund pension policies

From the Fund Pension Policies screen you will be able to request, enter or edit an actuarial certificate.

Request certificate through Simple Fund 360

In this section, we will look at how to request an actuarial certificate through Simple Fund 360.

Actuary Provider Account

An actuary provider account is needed to request an actuarial certificate through Simple Fund 360.

Please refer to your preferred actuary provider's website for instructions on how to set up your account.

To request an actuary certificate through Simple Fund 360 from the Fund Pension Policies screen:

Click New Actuarial Certificate
Ensure the method drop down box reads Request Actuarial Certificate
Select the financial year the actuarial certificate is being requested for
Click Request Actuarial Certificate
Select the provider to request the actuarial certificate through
Confirm the fund contacts
Confirm whether the fund is eligible to use the Segregated method or not
Click Submit to Actuary

After clicking Submit to Actuary, you will be prompted to log in to your actuary provider account.

Deemed Segregated Fund

Deemed segregated funds will automatically have the appropriate segregated periods completed when obtaining an actuary certificate through Simple Fund 360.

For more details about deemed segregated funds, please see Deemed Segregated Funds

Manual actuary percentage

To input a manual actuary percentage, you will need the following information:

The actuary percentage for the fund
(If applicable) The periods of the year during which the fund was deemed segregated

To record a manual actuary certificate in Simple Fund 360:

Click New Actuarial Certificate
Ensure the method drop down box reads Manually Enter Details
Select the financial year the actuarial certificate is being requested for
Click Manually Enter Details
Fund is unsegregated: Unsegregated funds will need to record the Actuarial Percentage received then select the method to record the General Expense and Investment Expense deductibility.

Fund is segregated: Segregated funds, including deemed segregated funds, will need to both record the actuarial percentage received from your actuary provider and, if applicable, the dates in which the fund was deemed segregated. The method used to record the General Expense and Investment Expense will also need to be selected.

Please note an estimated actuary percentage may also need to be manually entered for an SMSF with both reversionary pensions and accumulation funds.

Deemed Segregated Fund

If requesting an actuary certificate through Simple Fund 360, the deemed segregated parts of the year will be filled out for you.

Recording a manual actuary certificate in Simple Fund 360 for a deemed segregated fund will require the deemed segregated periods to be added when recording the actuary percentage.

For assistance in identifying when a year contains deemed segregated periods, please refer to Changes to ECPI.

Segregated periods can be added to an actuary percentage simply by clicking Add and recording the segregated period commencement and cessation dates.

Apportionment of fund expenses

Simple Fund 360 gives you the choice to select the method to use when apportioning the fund's expenses to determine their deductibility.

Method	Description
Use ATO Formula	Uses the formulas outlined in TR 93/17 [8]
User specified	Use a custom percentage to determine the non-deductible portion
Use Actuarial %	Use the actuarial percentage to determine the non-deductible portion

Amendments

If a confirmed certificate needs to be changed then you will need to contact your actuarial provider to allow the amendment. You will create a new actuarial certificate request in order to resend the data.