Adviser Innovation logo
Adviser Innovation logo
Advisor Inovation logo
Stockspot integrates with Class Super

Stockspot integrates with Class Super

author image
By Killian Plastow ·
August 03 2016

Stockspot integrates with Class Super

Robo-adviser Stockspot has announced that it will integrate with Class Super, a cloud software provider for self-managed super fund (SMSF) administration.

Stockspot integrates with Class Super
nestegg logo

The integration will facilitate a direct data connection between Stockspot and Class, which Stockspot said will allow accountants using Class to access a daily data feed from Stockspot portfolios and enable income processing and investment tax reporting.

Stockspot also added that tax summary statements can now be automatically generated, "cutting down on hours of administration and analysis of taxation data", which Stockspot chief executive Chris Brycki said would greatly assist advisers.

"Managing tax administration can be complex and very time consuming for SMSF accountants; the automated feed from Stockspot to Class Super will save accountants hours of analysis and administration work at tax time," he said.

Robo-advice's projected rate of growth has caught the attention of SMSF investors, according to Class chief executive Kevin Bungard.


"Robo-advice is the fastest growing areas of retail investment with total assets managed by robo-advisers pegged to grow to US$2 trillion by 2020; SMSF investors are increasingly open to roboadvice and Stockspot is a pioneer in this space," Mr Bungard said.

The daily data feed will include portfolio investments, capital gains, dividend statements and franking credits.

Join the debate to improve the issues that surround affordability and accessibility within the advice industry at ifa’s brand-new event, ifa Future Forum.

Join your peers to uncover game-changing industry solutions to pave the way for solving the problem of accessibility and affordability. Utilise your extensive knowledge to formulate ideas and help futureproof advice. Register your free place now!

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook.
Find us on Twitter for the latest updates

Subscribe to our Newsletter

We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

Your email address will be shared with nestegg and subject to our Privacy Policy

latest articles