Topdocs revamps trust deed update process

Topdocs revamps trust deed update process

SMSF document provider Topdocs has released new software for updating SMSF deeds that will eliminate the need for completing order forms.

Topdocs director Michael Spakman says integrations with BGL Simple Fund, Simple Fund 360, Class Super and SuperMate mean accountants can use the information already stored in their accounting software to order their deed updates without the need to complete order forms.

Following the introduction of the superannuation reform legislation, many accountants are speaking to their clients about updating their deeds, Mr Spakman said.

With accountants needing to update dozens or even hundreds of deeds, the new deed update software will be “an enormous time saving for them”.

In addition to the new ordering process, Topdocs – through its legal practice Topdocs Legal – will also provide individual legal review and sign off on each update prepared.

“[This ensures] any discrepancy in the fund details stored in the accounting software, and the deed for the fund, will be picked up and verified,” Mr Spakman said.

“Our safety net of legal review and sign off ensures that the legal risk associated with the updating of the deed stays with our legal practice, and not the adviser placing the order.”

Topdocs revamps trust deed update process
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