Actuarial service incorporated into BGL software
BGL has collaborated with Act2 Actuarial Certificates to provide users of Simple Fund 360, BGL’s web-based SMSF administration software, with an actuarial certificate service.
BGL managing director Ron Lesh said that in the past 15 months BGL has been focused on adding functions to Simple Fund 360, including BGL SmartPost for automatically matching multiple transactions, bank and wrap data feeds, electronic lodgement of SMSF annual returns with the ATO, corporate actions, audit working papers and a large number of reports.
“Actuarial certificates are the next step in our development cycle,” said Mr Lesh.
Act2 Solutions director Andy O’Meagher said it was an exciting step forward.
“We have had marvellous integration with BGL Desktop since April 2011; now we have the opportunity to provide an even faster and more efficient compliance solution for BGL Simple Fund 360 clients,” said Mr O’Meagher.
BGL said it will add further actuarial certificate providers to Simple Fund 360 over the next few months.