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Digital check-up offered for SMSF clients
Self-managed super fund (SMSF) software provider BGL Corporate Solutions has announced its software is now integrated with accountantsGPS to offer a digital check-up.
Simple Fund 360 would now be integrated with Melbourne-based fintech platform accountantsGPS, part of Fiduciary Financial Services, and provide clients with a digital SMSF check-up report.
BGL clients would be able to log into the accountantsGPS platform and authorise Simple Fund 360 to pass information relating to their SMSFs to the platform. Some 95% of the information could be pre-filled, making it a streamlined process to produce the report.
It also meant clients would produce the report without the need for an Australian Financial Services license.
BGL managing director, Ron Lesh, said: “The digital SMSF Check-Up Report provides a comprehensive analysis of a fund’s compliance and financial situation to evaluate how a fund is progressing in many key areas.
“The report includes SMSF documentation, investment performance, investment policy development, contribution strategies, investment property performance (including debt position), insurance and estate planning. The report will help Simple Fund 360 clients to determine whether the trustees and members of a fund will meet their compliance obligations as well as their longer-term investment and retirement goals.”
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
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