Class Super

UNPARALLELED COST SAVINGS

SMSF administration has become more technical, onerous, and requires greater knowledge base than ever before. No area of financial discipline is more fraught with these burdens than the operating and administrating of SMSF’s.

The pace of this change has had a big impact on the technical skills required to do this work, and the need to provide your valued clients with correct, transparent and timely information.

Faced with these many challenges, never before has the selection of the right systems and processes for your SMSF business been of greater importance – for both economic and compliance necessity.

Class is delivering unparalleled efficiencies, compliance and costs savings to its clients in this highly complex and rapidly changing area.

Article – Australian Financial Review -15.01.2010: (Accountants face shake-up in SMSF charges)

Class drives savings in many ways including;

  • dramatic reduction of paperwork, record keeping and manual data entry
  • simplification/automation of complex and time consuming transactions
  • delivery of system calculated and client customizable transaction rules for auto event recognition, generation and processing
  • In built business and SIS rules with audit logs – combined with intuitive user validations and alerts
  • centralising and collating of client and market information necessary from numerous disparate sources
  • removal of traditional technology management and infrastructure issues from your businesses
  • no complex or costly IT set up or resources required
  • Bank Standard secure system that can be accessed securely from any internet connection, 24/7
  • ability to give full client and member “real time” time access to their funds information
  • growing manifest of fully automated data feeds – both market information as well as client transactions – directly linking you to your clients actions

In addition to Class Super’s systems capabilities, Class has integrated a growing number of SMSF product and service offerings. Through these integrations, Class is able to facilitate and streamline the establishment and seamless connectivity between these third party solution providers and the funds you administer on Class. This growing list is driven directly from client requests – further streamlining the backend operations of their businesses. These include;

  • The types of integrated solutions include;
  • Trust Deed Establishment
  • Corporate Trustee Establishment
  • Bare Trust Establishment (Debt Instalment Trusts)
  • Superannuation Borrowing Facilities
  • Banking and Depository Products
  • Broking Services
  • Group Insurance Services
  • Fund Clean Up Services
  • Investment strategy, portfolio construction, and execution tools
  • Wholesale Audit Services
  • Wholesale Actuarial Services

This menu can be tailored and enhanced to your specific business requirements.