Commonwealth Bank of Australia (ASX:CBA) has made it easier for its clients to maintain visibility of Self Managed Super Funds.
The bank is offering a new SMSF portfolio feature, which enables trustees to create a complete view of assets and liabilities within their SMSF portfolio.
Also accompanying the Portfolio feature launch is the establishment of a new online administration service to support SMSFs with all compliance, management and reporting requirements.
The bank says research from Investment Trends 2015 shows nearly half of SMSFs say it would be useful to have a service that shows all their SMSF investments together.
Commonwealth Bank reported a net profit of $9.08 billion at 30 June.