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Starting and transferring a pension

Discussion in 'Introductions' started by Lionel, 20th Sep, 2011.

  1. Lionel

    Lionel New Member

    Joined:
    20th Sep, 2011
    Posts:
    1
    Location:
    BONNELLS BAY NSW
    I am new to this discussion

    My wife and I are commencing an SMSF and transferring from an investment advisor to save the fees.

    I have a TRIP already and will be transferring my Account Based Pension to the SMSF.

    I am not sure what forms the ATO require if any regarding the continuing of the Pension in the new fund. I will also be transferring my accumulation account too. I am over 60.

    My wife will commence a TRIP once the accumulation balances are transferred.

    All the advice that I have seen posted makes no mention of the form of advice to the ATO in these circumstances - using Rollover Benefits Statements and Reasonable Benefits Limits Reporting Forms.

    Some advice would be appreciated

    Lionel