SMSF administration software provider BGL Corporate Solutions has cited the 2017 federal budget as an example of how important it is for self-managed funds to use an administration solution based in the cloud.
The 2017/18 Federal Budget offers “little good news” for self-managed superannuation fund (SMSF) trustees and administrators, according to SMSF administrator, BGL Corporate Solutions.
BGL’s managing director has denounced super changes in the budget as an administrative burden to an already over-complicated system.
BGL believes the 2017/2018 Commonwealth Budget has little good news for SMSF trustees and administrators.
Software provider BGL Corporate Solutions has integrated with an investor trading platform which will provide BGL users with access to the platform and portfolio construction tools.
SelfWealth, Australia’s only flat fee brokerage solution is now fully integrated with Simple Fund 360; Australia’s leading SMSF cloud solution. The integration gives Accountants free access to SelfWealth’s fixed fee trading solution, portfolio construction tools and stock research powered by Thomson Reuters with the ability to extend these services to their clients.
BGL Corporate Solutions director Ron Lesh says changes to the reporting of pensions and the ATO’s new transfer balance account report (TBAR) will mean that staying compliant hinges on the use of automated software.
BGL Corporate Solutions believes automation is a must when it comes to meeting the new SMSF reporting requirements as a result of the superannuation changes commencing on 1 July.
BGL Corporate Solutions is proud to receive an Australian Achiever Award for Exceptional Customer Service (for the 11th year in row) with a 98.62% customer satisfaction rating.
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