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4 Prospect Hill Road
Camberwell 3124
Tel 03 9813 0133
Fax 03 9813 0442

Joint Venture

New Joint venture to Provide Full SMSF Administrative Service

We are pleased to announce a new initiative re the administration of our clients’ Self Managed Superannuation accounts.
As of the 1st July 2010, the Pentad Group and CHN Herold Ross, a chartered accounting firm based in Ringwood, commenced a joint venture partnership in a new company, Moneta Super Pty Ltd, an independent body providing full administrative and compliance services for Self Managed Superannuation Funds (SMSF). Initially, Moneta Super will service the SMSF accounts of The Pentad Group and CHN Herold Ross, previously separately managed by each company.

The directors of CHN Herold Ross have been well known and respected by us for a number of years. In that time, the directors of each firm have become aware that we are like-minded professionals and that many synergies present within each of our businesses.

The Pentad Group’s manager of Self Managed Superannuation Services Ashok Tulsiani will head up the new organisation. As an independent body, Moneta Super's services are available to any SMSF account including those of accounting firms that wish to make use of Moneta Super’s specialised expertise and economies of scale.

“We are positioning the company to provide a cost effective, independent SMSF admin service that will be attractive to individuals and small accounting firms that can utilise our expertise in this area,” Moneta Super’s Manager, Ashok Tulsiani said.

For further information contact Ashok Tulsiani or your Pentad adviser on (03) 9813-0133