Ask Max: Your questions answered

SMSF accounting fees, pension payments for deceased partners, indexed pensions, asset protection for corporate trustees, and non-concessional amounts.

Summary: This article provides answers on what are reasonable SMSF accounting fees, how pensions are treated when a partner dies, indexed pensions versus lump sums, asset protection for corporate trustees, and on what non-concessional contributions amounts can be made over several years.

Key take-out: A true fee-for-service provider should not charge for accounting, tax and audit services on a percentage basis. Services should be charged on an hourly rate.

Key beneficiaries: SMSF trustees. Category: Portfolio management.



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