Your go-to for End Of Financial Year: North's enhanced Recontributions Wizard

Same-day. On platform. One workflow.

3 minutes
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When it comes to End of Financial Year (EOFY) client strategies, recontribution remains one of the most powerful tools in your adviser kitbag. You need a platform that makes recontributions quick, easy and fuss-free.

You don’t want to be selling down to cash and reinvesting.

You don’t want to be worrying about time out of market.

You don’t want to be juggling multiple workflows.

That's why in May of last year we unveiled our new recontributions wizard, designed to streamline this essential process. And now, just in time for the 2024-25 EOFY tax season, we're making it even better with a key new enhancement.

Recontributions…evolved

Our innovative recontributions wizard already gave you the ability to:

  • Transfer from super or pension to IDPS and back to super in one workflow for eligible accounts*
  • Generate all forms and applications in a single wizard
  • Stay on platform and avoid buy/sell costs with no need to cash out and reinvest
  • Keep track of recontributions with new activity type
  • Enjoy certainty with same-day transfer. 
And the latest enhancements offer greater efficiency.

You can now transact  (like add deposits or rollovers) on the new super account while the recontribution is processing. Providing even greater efficiency when implementing recontribution strategies for your clients - whether you’re recontributing this financial year to fully utilise your client’s cap, delaying the transfer to 2024-25 or adopting a multi-year strategy to maximise their tax benefits. 

Access the North recontribution wizard now from the client account transfer menu.

Also, here’s a hot tip

Benefit further from our innovative client review tool, North Interactive, which gives an uninterrupted and consolidated view of movements and performance over time - even after executing a recontribution strategy. Plus, with the new contributions section, you'll have a clear, comprehensive view of your client's contributions in one place.

Learn more about North Interactive →

If you have any questions or feedback about this enhancement, please reach out to your BDM or contact us.​

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