Now I think you're correct-proportioning is the best method.
The main problem is I cant find any adequate descriptions on the ATO site as to how the assets are allocated and how earnings are distributed for the different methods.
Whats more confusing is when I ring the ATO I get conflicting ideas from different people. Even they are confused.
Also because I started the pension in the middle of the year then the ATO say I need an Actuary??
Does anyone have any articles from the ATO or elswhere describing these 2 alternative methods of forming a Pension.?? and how earnings are allocated in the 2 different methods?? and how the taxable/tex-Free components are worked out?
I'm sure theyll make glorious sense once I read the rules- I hope!!
