I am only new to this but need some clarification on this matter.
Is it so that the Account Bases Pension has two components:
a) Non Assessable amount
b) Assessable amount
and the non assessable amount is derived by dividing the Pension Purchase Price by the Relevant Number.
Also
Will the Pension Purchase Price or the Relevant Number ever vary, and under what circumstances will this happen.
Cheers
Wombat
