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BGL is SuperStream ready. Are you?

October 21, 2021

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BGL Corporate Solutions, Australia's leading supplier of SMSF administration and ASIC corporate compliance solutions, is proud to announce our Simple Fund 360 software was SuperStream Rollover compliant on 1 October 2021. On this date, SuperStream became mandatory for all member balance rollovers to SMSFs. The ATO advised all SMSF SuperStream must now be completed with SuperStream.

“I am incredibly proud of the Team” said Ron Lesh, BGL’s ManagingDirector. This was a huge task for BGL as not only did we need to develop the convoluted SuperStream rollover process with a new data provider, but we also needed to create a new BGL Electronic ServiceAddress (ESA) for clients”.

Since 28 September 2021, BGL Simple Fund 360 clients have had access to a major software update that includes the SuperStream changes. This was the fourth Simple Fund 360 update since 30 June 2021. The new software allows clients to initiate and receive member balance rollovers and process release authorities with the new BGL ESA.

BGL has also developed a number of SuperStream resources for BGL clients.

Simple Fund 360 Online Help:SuperStream FAQs

Webinar Recording: SuperStream changes in SimpleFund 360

BGL Website: Are You SuperStream Ready?

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