Did some research. The IPO has closed.
They are targeting the accountant / financial adviser industry.
Note the minimum fee is $6,600 PA, which would cover up to 24 SMSFs.
'The base cost for Class Super is $275 per fund per year, including GST. Volume discounts are available and there are no limits to the number of users per licence. The minimum licence fee per month is $550*, including GST.'
Their feature list is far less than eSuper or Mclowd.
'The answer will be if you use their software and ask their clients. Why they still use CLASS, while there are others which are cheaper.'
I assume this is rhetorical. It's like asking why some people still pay for a land line. They do, but the year on years numbers are falling off a cliff. If accountants / advisers buy this product then I can only assume they have been 'sold' to, rather than researching the alternatives.
