BT Wrap enhances platform
BT Wrap has launched another round of enhancements to its platform aimed at helping advisers and accounts more efficiently manage self-managed superannuation fund (SMSF) clients.
Announcing the enhancements today, BT Wrap product and strategy national manager Craig Lawrenson said the growth in SMSFs had created an enormous opportunity for the financial planning industry but that, as a result, platforms needed to cater to the specific compliance, reporting and audit needs.
"The needs of SMSF clients can be more complex," he said. "As a platform provider we have invested a significant amount of time to understand the interaction advisers and accountants undertake for their SMSF clients so we can design platform solutions that cater to their needs."
Lawrenson said in the case of the platform enhancements announced today, BT Wrap designed data, tax and reporting enhancements specifically based on the feedback received from advisers and their accounting partners.
The enhancements include new on-demand downloads for Simple Fund that are fully customisable by the client, the ability to add free form notes online for all transactions on the Cash Statement that flows into Simple Fund downloads and the enhancements to the platform's tax statements online.
AUTHOR
Mike Taylor
Recommended for you
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.
HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.
