Hey wombat, how many times did you question fees paid via your retail fund prior to rolling into a smsf...I'm tipping never..like most others.
Yet when the accountants fee is now transparent it is questioned..
So who do you trust...the fund manager..the fin planner...esuper..the accountant...who's fees are transparent versus those whose are not..
Does esuper help with death, divorce matters..reversionary funds etc??
If your fund had a 500k balance a fundy/fin planner would charge around 5k..yet you can't see the fee...your accountant charges half.. so in % terms the fp charges around 1% of fund balance and accountant is around .5%..
The accountant charges on an hourly basis not % of funds...they cannot do so under their code of conduct.
Not a big fan of fixed price agreements either..ie pay per month..and yes you should find another accountant..
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