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.
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
Add new comment