Financial services firm Quill Group has launched a new cloud-based portal that intends to improve efficiency for SMSF financial advisers.
In a statement yesterday, the firm said the new solution is designed to “entirely manage” SMSF client needs in one place.
The portal is an extension of Quill Group’s Superfund Wholesale division and enables advisers to establish a new SMSF or transfer an existing SMSF onto the Superfund Wholesale technology platform, as well as manage the ongoing administration, the statement said.
It also provides daily updated reporting, allowing advisers to log in to the backend of the service and instantly obtain vital information with regard to their client’s financial position.
This includes items such as tax position, balances, fund performance and various other monetary breakdowns that SMSF trustees and their advisers ordinarily would not see. Further, the portal offers an all-in-one solution for SMSF and portfolio administration, and there is a view to extend to legal and estate planning, as well as partnering with Elston, to provide an end-to-end ‘packaged’ solution, the statement said.
“Financial advisers are always looking for ways to engage with clients – including Millennials who might be looking to take control of their superannuation for the first time,” said Superfund Wholesale director Kris Kitto.
“Using technology, we’ve combined a low cost investment option and SMSF administration solution to give advisers an offering which can grow with their clients while automating many back office processes.”
A Greens senator who was a key agitator for the royal commission has defended his reasoning in pushing for the inquiry, but conceded that it’s not c...
APRA’s sweeping changes to income protection policies are set to force more claimants back to work sooner, as the life insurance industry faces more...
The latest enforcement update from ASIC has noted that court cases brought by the regulator in the six months to December last year under its 'why not...
Get notifications in real time and stay up to date with content that matters to you.
