BGL’s managing director, Ron Lesh, has used an analysis of 140,000 funds to hit back at criticism that SMSF portfolios are over-exposed to cash.
I always wondered where this colloquialism came from and whom used it first. As I was writing this blog post, I asked Mr Google who popularised this term. I was surprised by the response. For those of you uneducated like me, the term was first attributed it to the British Prime Minister Benjamin Disraeli who said: “There are three kinds of lies: lies, damned lies, and statistics.”
BGL Corporate Solutions, Australia’s leading supplier of SMSF administration and ASIC corporate compliance solutions is pleased to announce that Bentleys Chartered Accountants & Business Advisors Tasmania has chosen CAS 360 and Simple Fund 360 as their ASIC corporate compliance and SMSF administration.
SMSF software provider BGL has released new features on its software to allow multi-fund reporting for the TBAR along with a TBAR management dashboard for reviewing reporting requirements for clients. BGL chief executive Ron Lesh said BGL has built a transfer balance dashboard and a TBAR management dashboard to assist clients in managing the TBAR process.
The trend of software and fintech providers forming partnerships has spread to retirement planning, with retirement financial planning solutions provider, Mafematica, and self-managed superannuation fund (SMSF) software company, BGL Corporate Solutions, announcing a plan to introduce Mafematica’s cloud-based retirement solution to BGL clients.