New Topdocs SMSF deeds tool


Specialist provider Topdocs has launched a new product into the self-managed superannuation funds (SMSF) sector which it says is aimed at speeding up and simplifying the task of updating SMSF deeds.
The new product, Topdocs SMSF Deed Update, will be available through the company's document portal and is intended to allow accountants, financial planners and SMSF administrators to order deed updates at the click of a button.
The tool is also designed to allow them to house all client deeds in one central location — in the system itself.
Commenting on the new offering, Topdocs managing director Jake Spakman said its development had been driven by the desire to help financial services professionals reduce the administrative burden of managing SMSF deed updates following legislative and rule changes.
"Much of the burden stems from completing order forms and collating deeds manually, which is often time consuming and unproductive," he said.
"What the new update system does is eliminate those steps and totally automates the process, reducing the time required to complete an update to just the click of a button."
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.