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The key difference between the two is that they each focus on different aspects of implementing an NDIS plan. Put simply, Plan Management helps with the financial administration while Support Coordination focuses on supports and providers. Another difference is eligibility.

How do I switch to plan management? Call the NDIS (1800 800 110) or your Local Area Coordinator (your LAC'.s phone number will be on your NDIS plan) and ask for a 'light touch review' or 'desktop review' Explain that you want to switch to plan management.

NDIA (Agency) managed funding Just like a Plan Manager, the NDIA helps you manage your NDIS plan. The difference is that the NDIA is a government agency while a Plan Manager is an independent Provider.

SMSF audit fees Size of SMSFAverage SMSF Audit Fee< $50k$450$50k ? $100k$473$100k ? $200k$495$200k ? $500k$5484 more rows

ASIC Portal Registration ASIC has posted the Regulatory Guide 243 that explains how to apply for registration as an approved SMSF auditor. To register, you need to: Secure criminal history and bankruptcy checks in the past 10 years of all the countries you have resided. Send an application via ASIC's Regulatory Portal.

If you enjoy taking a very active role in managing your finances and keeping detailed records, then self management might be for you. If you'd prefer to have the support and guidance of a professional, then plan management is the way to go.

To get started, register for an ASIC Regulatory Portal user account, then connect your SMSF auditor registration to your account using your SMSF auditor number, and your ASIC Key. You can register anytime. The ASIC Regulatory Portal is now open for user account registrations - and you can register anytime.