Online trust deed administrator SuperCentral will provide trust deed and supporting documentation services for Fiducian’s new self managed super fund (SMSF) administration service, the dealer group announced.
SuperCentral’s trust deed update service has uniform governing rules across all funds, reducing the time required to administer SMSF trust deeds, according to SuperCentral.
“Fiducian conducted an extensive search of online trust deed and documentation suppliers and found that SuperCentral best suited our needs,” said Andrew Biviano, technical services and paraplanning manager at Fiducian.
“The SuperCentral trust deed update service means that our new administration business for SMSFs can keep all trust deeds current as part of the client’s ongoing fee for the service.”
The service eliminates the need to consult the deed each time clients are briefed and streamlines the audit process and advice processes where an adviser has multiple SMSF clients, he said. An up-to-date deed will help to ensure that a client can adapt to superannuation changes and remain compliant, he added.
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