The SMSF has one member and two individual trustees.
Member reached 65 years of age and started pension. What are the documents an auditor should ask regarding the payment of pension?
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Hi Noble
Thanks the documents the auditor should request are:
1. The member’s request to commence a pension.
2. The trustees acknowledgement and or minute confirming the pension commencement.
3. Annual letter / statement signed by member confirming pension paid for that year.
Thanks
SMSF AAA