BGL Simple Fund 360 Review Australia 2026

AU-MadeSmsf
4.0 / 5— SoftwareHQ AU Rating
Pricing verified 2026-03-20

Overview

BGL Simple Fund 360 is australia's leading smsf administration and compliance platform. Founded in 1983 and headquartered in Canterbury, VIC 3126, Australia, it serves Australian businesses with local data hosting and AU-based support.

Australia's leading SMSF administration and compliance platform

AU Compliance Scores

BAS Lodgement
0/5
STP Phase 2
0/5
Payday Super
0/5
Modern Awards
0/5
GST Handling
0/5
Bank Feeds
4/5
Modern Awards NoteNot applicable — no payroll or award interpretation functionality.

Pricing (AUD inc. GST)

All prices below are in Australian dollars (GST not included). Pricing verified as of 2026-03-20.

Most Popular
Professional
$10.83/mo
AUD exc GST
Per-fund annual pricing for accounting firms and SMSF administrators. Minimum initial purchase of 5 funds, then sold in 1-fund increments. Includes unlimited users, unlimited support, free on-demand training, and regular automated updates. Monthly subscription option also available. Add Bank Data Pack ($45/fund/year exc. GST) and Share Data Pack ($45/fund/year exc. GST) for automated data feeds.
  • Users: unlimited
  • Support: unlimited
  • Funds: unlimited
Trustee Edition
$20.83/mo
AUD exc GST
Designed for individual SMSF trustees managing their own fund. Maximum 1 fund. Includes Bank Data Service, Share Data Pack, 5 support calls annually, free training, and automated updates. One-time setup fee of $250 exc. GST applies.
  • Users: unlimited
  • Support: 5 calls per year
  • Funds: 1

Pros & Cons

Pros

  • Market leader for SMSF accountants with 300,000+ funds managed by 8,500+ clients across Australia
  • Direct ATO lodgement for SMSF annual returns via SBR, plus TBAR file generation and SuperStream support
  • 400+ ecosystem partners including all major AU banks, brokers, share registries, actuaries, and audit solutions
  • Australian-hosted data on AWS Sydney with ISO 27001 certification and AES-256 encryption at rest
  • AI-powered SmartDocs 360 automates document data extraction at $0.30/page — dividend statements, contract notes, tax statements
  • Australian-based phone support Mon-Fri with extended hours (until 7pm Mon-Thu AEDT) plus live chat
  • No lock-in contracts with 30-day money-back guarantee — low-risk entry for new practices
  • Compliance breach detection scans entire fund database for contribution cap, pension minimum, and related party issues

Cons

  • Bank Data and Share Data are paid add-ons ($45/fund/year each) pushing real per-fund cost from $130 to $220/year for full automation
  • Professional edition requires minimum initial purchase of 5 funds — no single-fund option for professionals
  • Per-fund pricing becomes expensive at scale — 100 funds with both add-ons costs $22,000/year exc. GST
  • Trustee Edition is costly for individual trustees at $250/year + $250 setup for just 1 fund with only 5 support calls
  • Class Super is generally considered to have a more modern UI, better document management, and stronger API architecture
  • Less popular among financial advisers — Class Super holds ~50% adviser market share vs BGL's ~26%
  • Steeper learning curve for new users compared to newer SMSF platforms

Who Is BGL Simple Fund 360 Best For?

  • Smsf Accountants
  • Smsf Administrators
  • Tax Agents
  • Accounting Firms
  • Smsf Auditors

BGL Simple Fund 360 may not be the best fit for:

  • Individual Trustees On Budget
  • Financial Advisers
  • Single Fund Managers

BGL Simple Fund 360 Alternatives

If BGL Simple Fund 360 doesn’t quite fit your needs, consider these alternatives for Australian businesses:

  • Class Super — Australia's first cloud-based SMSF administration platform. From $31.67/mo inc. GST.
  • SuperConcepts — Full-service SMSF administration and SuperMate software platform. From $11/mo inc. GST.
  • Mclowd — Free cloud-based SMSF administration with optional paid upgrades. Free plan available.