BGL releases new software upgrade

BGL releases new software upgrade

SMSF software provider BGL has released the latest version of Simple Fund 360, which has additional features for tracking changes in member’s pension accounts and for monitoring contribution caps.

BGL managing director Ron Lesh said its most recent software release Simple Fund 360 Version 3.0 is designed to support regulatory change.

The new version of the software includes a Transfer Balance Dashboard to track changes in each member’s pension accounts from 1 July 2017 and a Segregation Dashboard.

It also includes real-time contribution cap notifications from SuperStream, and analyses bank data in order to advise administrators when members are nearing their annual contribution caps.

SBR lodgement of the 2017 SMSF annual return and registry data from both Computershare and Link Market Services is also included.

Mr Lesh said this means clients “no longer need to rely on incomplete data from brokers or go to the registry websites and search individual holding balances”.

“BGL will continue to release Simple Fund 360 updates to address regulatory change, to add more share registries and provide a heap of new features in [the] coming months,” said Mr Lesh.

BGL releases new software upgrade
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