BGL adds web-based deeds to service

Administration software company BGL Corporate Solutions is now extending its self-managed superannuation web-based deed-establishment service to clients of its Simple Fund 360.

The service enables users to establish an SMSF and update existing SMSF deeds and supporting documents with help from Melbourne-based law firm, DBA Lawyers. It has been available to clients of BGL’s Portal solution for five years.

DBA Lawyers’ SMSF specialists review and sign off on each SMSF deed.

According to BGL managing director Ron Lesh, the group offers the first automated SMSF document solution to be fully integrated with any SMSF administration software.

“We have taken our five years of knowledge and experience to build something exceptional for clients,” he said.

BGL’s Simple Fund 360 software administers approximately 75 per cent of Australia’s 508,000 SMSFs with assets over $350 billion.

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FAAA looks to adviser numbers boost as operating deficit widens

FAAA looks to adviser numbers boost as operating deficit widens

The peak industry association, the Financial Advice Association Australia, reported an operating deficit of $880,000 for FY26, up from $635,000 the year before, but said it is optimistic that announced education changes will lead to a boost in adviser numbers. Its own membership held firm during the year, declining by less than 1 per cent.

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