POWERED BY MOMENTUM MEDIA
Maritime Super moves to paperless boardroom
Maritime Super is moving towards a paperless boardroom after adopting IQ Group's iqBoard to replace paper documentation for its 17-member board and sub-committee meetings.
It is expected to save the fund's secretariat team over 10 weeks a year in manual processing and does away with the need to deliver paper documents around the country up to 26 times a year.
The specialist industry fund said its decision to extend the long-term relationship it had with IQ Group was a natural fit in light of the success of previous applications.
"Additionally they have developed very strong testimonies to the success of iqBoard within the superannuation sector and that provided great reassurance for us," said Maritime Super executive officer Glenn Davis, who will continue to monitor the application's success.
"The comprehensive implementation has been completed with a smooth transition from a system very familiar to all users, to a new operating and communications platform for our executive team," he said.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Future Group is set to take on nearly $1 billion in funds under management (FUM) and welcome more than 100,000 new members following two significant successor fund transfers.
Insignia’s Master Trust business suffered a 1.9 per cent dip in FUA in the third quarter, amid total net outflows of $1.8 billion.
While the Liberal senator has accused super funds of locking everyday Australians out of the housing market, industry advocates say the Coalition’s policy would only push home ownership further out of reach.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
