SuperConcepts has announced the launch of a new online product marketplace called Connected Services, which allows SMSF members to access a range of products and services from third party providers to help manage their SMSF in a convenient and paperless way.
CEO of SuperConcepts Natasha Fenech said, “We know paperwork and administration can be a burden and we’re committed to helping free up our customers’ time so they can focus on what’s important – making their investments work harder for them.”
“Connected Services allows SMSF trustees to manage, implement, monitor and report on their investments, anywhere and at any time from the one place."
It also provides advisers and accountants with better visibility of their clients’ self-directed investments.”
“Where possible we have single sign on capability which reduces the time-consuming process of having to log on multiple times using multiple passwords. This feature streamlines what is otherwise a clunky and unwieldly process.”
The online platform gives SMSF trustees access to a wide range of investment products and services including bank account, term deposits, life insurance, managed investment schemes, investor directed portfolio services, securities and new categories such as peer to peer lending. Trustees will have access to a number of different providers for each asset class.
Commenting on the future direction of Connected Services Ms Fenech said, “We’ll continue to invest in strengthening the capabilities of Connected Services which we believe will become the platform of choice for SMSF trustees.”
Connected Services is currently available to existing SuperMate or SuperConcepts SMSF administration clients free of charge.
Through the Connected Services platform customers can:
- Apply for a listed investment product or service with the third party provider
- Prefill the application form for the product or service with the third party provider using information about your SMSF contained within your online dashboard
- Directly access the third party provider’s transactional platform once you have acquired their product or service
- See transactions completed in the third party provider’s platform reflected in your Dashboard reporting