Netwealth adds SMSF data feed
Netwealth has added a daily data feed from its Investment Wrap to self-managed super fund (SMSF) software provider BGL.
The data feed should reduce administration time for accountants and fund administrators processing transactions such as share trades, managed fund switches and income processing, netwealth said.
Netwealth executive director Matt Heine said the integration would benefit advisers servicing private high-net-wealth clients looking to use SMSFs as part of their overall strategy.
Recommended for you
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.
