Self-managed Super funds (SMSFs) continue to grow as the fastest, most popular investment vehicle for people who want to make the most out of their retirement savings and prepare for their financial future. With the growing popularity of the SMSF instrument, the demand for SMSF experts has exponentially soared through the roof.
As more and more people are becoming aware of SMSF and many of them wanting to set up their own funds, the pressure on SMSF practitioners to deliver topnotch financial and SMSF expertise is also increasing.
If you are an SMSF advisor, you probably want some tools that will make your job easier. The good news is that there are new innovations out there that will help you achieve faster SMSF setup.
Topdocs introduces new tools to speed setting up process.
Imagine the things you can do if you can cut the time it requires you to set up an SMSF account. You will definitely have more time to focus on your abilities and other resources, such as delivering quality financial services to your clients.
Topdocs now makes that possible with the introduction of two new integrations with Class Super. The features of these new integrations allow practitioners to automatically set up new funds if they order their SMSF establishment documentation via Topdocs.
What this means is that SMSF advisors no longer have to manually input the details of the fund and the trustees as the system automates that process — a feat that leads to fast SMSF setup. With the setup time greatly reduced, you can now attend to pressing concerns that require your attention, like giving clients excellent financial advice.
A Word of caution
While having tools that promote fast SMSF setup is great, financial advisors really need to be careful with how they establish the fund. An SMSF is a very complex endeavour and such undertaking demands meticulous and careful planning right from the moment you set it up, all the way to the point where you will be reaping the benefits.