National Australia Bank (NAB) has collaborated with Heffron SMSF Solutions to introduce a new self managed super fund (SMSF) establishment service that will help investors to set up and administer their own fund.

Under the partnership, Heffron will provide a fully featured set up and administration service, facilitating ATO registration, cash and trading accounts and ongoing admin through one online form.

SMSF investors will also get a complete administration service from Heffron, including preparation of financial statements, member statements and operating statements; tax lodgement; online access to all fund investments; and up to date reporting of contributions and pensions.

Founded by Martin and Meg Heffron, the independent SMSF administrator is providing administration services for more than 15 years.