subscribe to our newsletter
BGL releases automated fund transfer feature

BGL releases automated fund transfer feature

Ron Lesh
31 January 2019 — 1 minute read

SMSF software company BGL has launched a new feature in Simple Fund 360 which allows funds to be transferred between clients.

The new feature allows the transfer of funds from one subscription to another with a few mouse clicks, said BGL managing director Ron Lesh.

“All fund details, data feeds and full transaction history are moved across and a copy of the fund remains with the old subscription. The new feature helps not only users who have a client moving from another firm to another, but also firms merging or splitting,” said Mr Lesh.


“This was the number one feature requested by clients. In the past, BGL had to handle this process much of which involved manual loading of files and data input.”

Mr Lesh said the fund transfer process is expected to save users hundreds of hours each year.

“I’m glad to see the team are keep constantly adding value to our software solutions and being pioneers in what we do,” he said.

BGL releases automated fund transfer feature
ron lesh
smsfadviser logo
join the discussion

When do you plan to undertake the exam under the new adviser education standards?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.