BT Financial group announced its partnership with software provider BGL Corporate Solutions, and hopes that this move will help accountants make the most of BT Panorama’s self-managed superannuation fund (SMSF) solution.
This partnership will allow for better collaboration with advisors and investors on the establishment and management of SMSFs. With the help of the partnership accountants can access BGL’s Simple Fund 360 from BT Panorama, giving them insight into investment data, data entry and the processing of transactions in Simple Fund 360.
Jo Moxey, BT Financial Group’s head of distribution asserted that she hoped the new partnership would lead to better collaboration in the management of SMSFs. She said, “We know that many accountants collaborate with advisers in managing their clients’ SMSFs and they are looking for smarter ways to work together to best serve trustees.”
According to Investment Trends’ March 2017 SMSF Accountant report, which was based on a survey of 1,248 accountants in public practice, found that two thirds of accountants wanted better accounting and planning system integration to make it easier to collaborate with advisers.
Ron Lesh, BGL managing director said, “Today accountants are increasingly looking to cloud-based solutions to help drive efficiency and service their clients.”