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| | | ... dividends from the sector. "Despite the recent elevation in risk in global markets caused by Omicron, Plato's proprietary dividend cut model shows just an 8% chance of dividend cuts in global developed markets," Pennell said. "This is below the long-term ... |
| | | | ... undergo a "disorderly transition", the risks are too high - particularly if execution fails to match governments' ambitions to cut emissions. The world's largest fund manager said it is eyeing sectors with clear transition plans. "Over a strategic horizon ... |
| | | | ... lowest in the industry," the fund said in a significant event notice to members. As such, QSuper and Sunsuper have agreed to cut admin fees from July 1. QSuper accumulation account, income account and lifetime pension pool admin fees will be reduced ... |
| | | | Morningstar cut its fair value estimate for narrow-moat Magellan Financial Group by 25% to $38 per share, after the fund manager lost a major mandate. That's according to a note from analyst Shaun Ler, who said the impact of St James' Place (SJP) cutting ... |
| | | | ... industry's most respected and long-serving names were also big news. That said, there is one non-super story that made the cut; IOOF's unexpected rebrand following its acquisition of MLC Wealth managed to sneak into the top 10. With more and ... |
| | | | BT Financial Group cut fees for its MySuper and Choice members, almost halving their dollar-based annual administration fee from $108 to $56. BT said more than 470,000 members will have an automatic reduction in their annual administration fee from ... |
| | | | ... curbs in the real estate sector next year, determined to stabilise its economy. Already, the People's Bank of China (PBOC) cut banks' reserve requirement ratio by 5 percentage points. According to Bloomberg, this would release "some 1.2 trillion ... |
| | | | After more than a decade in the role, the chief executive of ESSSuper has resigned to take on a key role with the life insurer as it restructures. Effective 3 January 2022, Mark Puli will exit the fund and take on the role of chief group insurance officer ... |
| | | | Almost half of all superannuation products have seen their fees cut in the last 12 months while 5% of products' fees dropped more than once. Recent analysis of 463 superannuation fund product disclosure statements by Rainmaker Information found ... |
| | | | State Street Digital, Vanguard and Symbiont have completed the first live trade for foreign exchange forward contracts leveraging blockchain technology and smart contracts. The firms have jointly completed the margin calculation process for a live trade ... |
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