BGL makes headway with admin provider
One SMSF administration provider has announced it will move the administration of 5,000 of its SMSFs to Simple Fund 360.
MORE Super will be transferring the funds from Simple Fund Desktop to the cloud-based Simple Fund 360, BGL announced this week.
According to BGL, there are now approximately 1,400 businesses using Simple Fund 360 in their practices.
"MORE Super are one of a number of large administrators looking to move to Simple Fund 360 in the next few months," said BGL managing director Ron Lesh.
"The sophistication of Simple Fund 360 with its big data analytics and dashboards is often a turning point in our discussions.
"360 is a tool developed to assist accountants, not replace them; we have every confidence that conversion will immediately bolster our client engagement whilst mitigating our long-term engagement expense."