Class partners with SMSF Academy as super changes challenge accountants, administrators
Monday, 19 December 2016 – Leading cloud SMSF administration software provider Class has partnered with The SMSF Academy to offer its legal, pension and compliance document service to Class users.
The partnership comes as accountants and other administrators are challenged by the biggest changes to superannuation in more than a decade and the associated increase in compliance and reporting obligations.
Through a tiered membership solution, The SMSF Academy offers Class users streamlined and efficient execution of SMSF legal, pension and compliance documents. Documents are pre-populated with data from Class. The SMSF Academy members can generate unlimited electronic SMSF documents, subject to a fair use policy.
Members also have access to monthly accredited CPD courses on SMSF technical issues and strategies through The SMSF Academy’s integrated learning and document platform, Campus.
Class CEO Kevin Bungard said the super changes raised the bar for accountants in terms of understanding the implications of the new rules and the compliance workload.
“Solutions like The SMSF Academy make it easier for SMSF administrators to meet their obligations so they can focus on growing their business,” Mr Bungard said. “The integration between The SMSF Academy and Class brings even greater efficiency to the compliance and reporting process by allowing users to build compliant SMSF documents by importing fund data from Class.”
The SMSF Academy managing director Aaron Dunn said the business specialises in working with small to mid- sized accounting and financial planning practices to provide the most effective training and tools for professionals. “We’re looking forward to helping users of Class navigate the super changes and build a better SMSF business.”
Class partners with more than 50 providers across a range of financial service and product types, bringing efficiency gains for accountants and advisers and greatly enhancing support to their clients.