POWERED BY MOMENTUM MEDIA
GBST gateway goes live
GBST Holdings announced it has gone live with its SuperStream Gateway for superannuation rollover and contribution transactions.
The gateway offering will be used by a range of funds as well as six self-managed super fund service providers.
This includes cloud-based SMSF administration software provider Class Super.
The gateway offering means GBST's clients are ready to receive SuperStream standard employer superannuation contributions from today, meaning employers can give employee superannuation contributions in a standard electronic format to funds.
"We are proud to be first to market with our SuperStream Gateway contributions capability — what is in essence the final piece of the SuperStream puzzle," CEO of GBST Wealth Rob De Dominicis said.
GBST SuperStream Gateway is one of eight gateways.
Recommended for you
The impact of identity theft and its threat to superannuation savings were highlighted in a case that went before the Federal Court at the end of 2023.
A recent NSW Supreme Court decision is an important reminder that while super funds may be subject to restrictive superannuation and tax laws, in essence they are still a trust and subject to equitable and common law claims, says a legal expert.
New research from the University of Adelaide has found SMSFs outperformed APRA funds by more than 4 per cent in 2021–22.
The SMSF Association has made a number of policy recommendations for the superannuation sector in its pre-budget submission to the government.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
