POWERED BY MOMENTUM MEDIA
Qantas Super adopts cloud-based board management system
Qantas Superannuation has signed on to the IQ Group's iqBoard solution which manages and distributes board packs via a cloud-based environment.
It is part of Qantas Super's ongoing commitment to prudential practice and overall governance, according to chief executive Jane Perry.
She said the board and its committees needed concurrent, mobile access.
"The board also wanted to ensure that our security benchmark for board communications and meeting packs continued to meet, or exceed, general prudential practice guidelines," she said.
The solution also provides significant cost savings, according to Perry, due to reductions in paper, printing and courier costs.
iqBoard has introduced an 80 per cent time-saving for pack creation and includes a disaster recovery capability within the board management area.
"The cloud-based disaster recovery capability provides us with both data and contact options, if ever required," Perry said.
"The Qantas email system is now enabled to our iPad platform, and for our board members this is very convenient."
Qantas adoption of iqBoard created the impetus for the launch of iVault, an investment document management system creating a portal for monthly and compliance reports as well as investment instructions, according to IQ Group chief executive Graham Sammells.
"The immediate productivity and collaboration gains of this solution are significant from a consumables, production and communications perspective," 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
The industry body has cautioned the government against implementing unnecessary regulations for private market investments, with ASIC currently exploring reforms in this space.
The industry fund has appointed Natalie Alford as its new chief risk officer, strengthening its executive team during a period of transformation.
The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential.
Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
