Class, the provider of Class Super, Australia’s leading cloud-based solution for administering self-managed superannuation funds (SMSFs) – has further expanded its partner ecosystem by partnering with specialist actuarial certificate provider Haintz Actuarial Pty Ltd.
Actuarial certificates are generally required for SMSFs that pay a pension income stream and have an accumulation interest. The purpose of the certificate is to determine what proportion of the fund’s income is exempt from tax.
David Haintz, director of Haintz Actuarial, said: “Our accounting and financial advisor partners are looking to us to underpin the efficiency of their businesses and, ultimately, their service delivery to clients. Time and cost savings, as well as the reduction of error prone double entry, are critical. Our partnership with Class will be key as we continue to drive our reputation for competitively priced and professional actuarial services.
From a single click within the Class Super app, users can request an actuarial certificate from Haintz Actuarial and have the actuarial percentage and supporting documentation returned to them in just a matter of minutes. Traditionally, completing this process manually takes up to a day or more. Once the percentage is returned to Class Super, accounts are automatically updated and the certificate stored with the record of the percentage.
“Class Super’s leading cloud-based technology will add another layer of business agility to Haintz Actuarial. We’re absolutely delighted to be partnering with a solution provider that is already helping thousands of accountants to more easily administer over 79,000 funds and which has created so many milestones in Australian SMSF administration,” Haintz said.
Class CEO Kevin Bungard said: “The ability to request actuarial certificates within Class drives major efficiencies for our clients. Haintz is a highly reputable specialist provider of actuarial certificates and in response to client demand we’re pleased to welcome their professional approach and technical expertise to the Class Super ecosystem.”
Source: Class Super
