Class implements filters to handle super changes
Cloud-based self-managed superannuation fund (SMSF) administration software provider, Class has added to its product offering.
The company announced this week it had introduced advanced filtering to allow SMSF accountants to identify and assist SMSFs impacted by the super reforms.
According to Class, the filtering enables Class users to quickly identify funds and members at key balance thresholds, those with transition to retirement income streams and fund members in relevant age brackets.
Commenting on the filter development, Class chief executive, Kevin Bungard said the improvements were part of an ongoing program to assist accountants and administrators to implement strategies around the super reforms.
"The reforms are the biggest changes since 2007 and now is the time to reach out to your clients and ensure that they are informed and have a plan of action," he said.
Recommended for you
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments.
