One of the major SMSF software firms has developed a new declaration of retirement feature and also announced an integration with a stockbroking platform.
BGL has added part 2 of its AI Assistant – ‘Smart Matching’, which allows what it says is an industry first, “code free SMSF bank processing” – to Simple Fund 360.
Given the limited licence has fallen flat and new education standards are set to cost thousands for accountants providing basic SMSF services, BGL’s boss is readying to lobby government to reinstate the accountants exemption.
Software company BGL is working to build further integration with different practice management systems and plans to release new services over the coming weeks.
The number of SMSF clients is one of the key factors determining whether SMSF services are successful and profitable, and a new report looks to pinpoint that figure for accounting firms.