The IQ Business Group, Australia (IQBG) has launched its new Trustee Office Solution, a highly cost-effective offering to help Superannuation Trustee Boards operate more efficiently. The solution enhances the communications between Board Members and streamlines administrative records to contribute to improved governance standards. Able to be installed within a two-week timeframe, it is based on the collaborative Microsoft SharePoint technology framework and can be hosted as a cloud application. It has been officially endorsed by the Australian Institute of Superannuation Trustees (AIST).
The IQ Business Group, Australia (IQBG) today re-iterated that Australian superannuation sector and employer groups would need to proactively address and prepare for a range of far reaching changes to incorporate the requirements of impending SuperStream legislation.
An electronic hub for processing superannuation rollovers slashes costs for the funds. The reduction in processing time also cuts the 'between funds' time to keep the money working for investors.
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