In practice, I find using a fundus lens at the SLE and having the patient look in peripheral gazes, to give the best view. Although the BIO is advertised as providing the best peripheral retinal views, there are things I absolutely have not been able to see using a BIO that I am able to see using a fundus lens at the SL (e.g. retinoschisis) because they were too far into the periphery. Literally me finding something using the fundus lens, putting on the BIO to try to see the same thing but not seeing it, going back to the SL and seeing it again, then going back to the BIO and not being able to see it at all because I can't see far enough out.
Geometric optically, this makes sense. The BIO uses a 20D lens whereas a fundus lens is 90D. The prismatic effect of 90D >>>> 20D, so you will be able to see far further into the periphery with a 90D lens than you would with a 20D lens. With much better magnification. Give this fact to your clinical instructors and see what they say. It's a myth that BIO is better for seeing the (far) periphery than a fundus lens as long as the fundus lens is used properly.