As it looks beyond the challenges of SuperStream, consulting firm IQ Group has expanded its Queensland operations in response to customer demand.
With the industry preparing to meet the Australian Prudential Regulation Authority's new reporting standards, IQ Group chief executive Graham Sammells said the firm was focused on reviewing the overall member engagement processes of its clients and the improvements that enhanced platforms could provide.
As a result, it had grown its consultancy team in the Queensland region.
"Queensland is proving to be a highly dynamic business environment for IQ Group and we look forward to continued growth of our team of specialist consultants and clients," Sammells said.
The group recently launched its ‘SuperStream Community of Practice Forum' where professionals can share experiences gained from implementing the industry changes.
The super fund’s Future Saver High Growth option delivered an 11.9 per cent return for the financial year 2024–25, on the back of a diversified portfolio and actively managed investment strategy.
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Strong performance across domestic equities and infrastructure assets has seen the fund achieve solid returns for the 2024-25 financial year.