Super changes spur GBST’s advice platform overhaul

The recent changes to superannuation settings, including the concessional contributions cap and Division 296, have prompted wealth technology provider GBST to enhance its advice platform, WealthConnect.
Released on Wednesday, the update includes sophisticated pension modelling capabilities, simpler handling of self-managed super fund (SMSF) member balances, expanded support for investment bonds, company dividends and trust distributions, as well as improved management of household-level fee structures.
The firm said the improvement provides advisers a clearer view of after-tax positions, household fee structures and entity-based investments, helping them produce advice that is easier to explain, document and implement.
“Advisers are increasingly being asked to model more complex client circumstances, explain the impact of tax and superannuation settings more clearly, and deliver advice efficiently within a highly governed environment,” Jeff Hall, Head of APAC at GBST, said.
“This release focuses on the practical areas that matter most in day-to-day advice delivery: clearer modelling of retirement income and after-tax outcomes, stronger support for household fee arrangements, and smoother workflows.
“These changes help advisers spend less time managing complexity and more time having meaningful client conversations.”
GBST said the upgrades were also necessary to meet changing client needs, with longer life expectancies, intergenerational wealth considerations and a broader range of financial products making financial advice a more complex and ongoing process.
“As an AI-focused technology company, GBST is continuing to invest in intelligent, adviser-led tools that improve accuracy, consistency and efficiency across the advice lifecycle,” Hall said.
“Our priority is to apply technology in practical ways that strengthen adviser confidence, support governance and improve outcomes for clients.”









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