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Superannuation

Today

Bidders are circling MLC owner Insignia Financial, backing they can speed up management’s turnaround plans.

Three’s an unusually big crowd in a $3b leveraged buyout; buyer beware

When PE firms push each other to the limit, the buyer often lives to regret it. Insignia Financial is a fascinating test.

  • Anthony Macdonald
Treasurer Dr Jim Chalmers (pictured) has been trying to drum up support to pass super tax changes.

Albanese’s super tax will hurt young Aussies the most

The proposed superannuation tax hike is set to be one of the largest intergenerational tax changes in recent memory.

  • Lafitani Sotiriou
Insignia Financial boss Scott Hartley.

Battle for Insignia becomes three-way bidding war

Brookfield is vying for the owner of MLC, joining a $3.1 billion wealth management tussle with CC Capital and Bain Capital.

  • Nicola Blackburn and Vesna Poljak
London calling… IFM Investors CEO David Neal on one of his regular trips to the UK.

IFM lands British pension giant as its first overseas shareholder

Nest will take a significant stake in the fund manager that, so far, has been owned by Australia’s largest superannuation funds and manages $230 billion.

  • Hans van Leeuwen

Yesterday

PIMCO’s Sam Watkins.

How this $3trn bond giant plans to win over wealthy families, doctors

The looming bank hybrid ban in Australia is too big for even the biggest asset managers to ignore.

  • Anthony Macdonald
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Toll roads like Sydney’s WestConnex provide steady returns to investors over the long term

Investors say ‘saleable’ Transurban is shaping up as a buyout target

The toll road giant is one of the few infrastructure plays remaining on the ASX. A lacklustre share price has some fund managers thinking its time has come.

  • Jenny Wiggins
ASIC chairman Joe Longo is at the centre of a big market debate.

Super sector lies at heart of ASIC’s public v private debate

ASIC’s upcoming report into the shifts in public and private markets in Australia reflects the structural changes super is driving across the economy and markets.

  • James Thomson
Treasurer Jim Chalmers arrives at this press conference this morning.

‘My position is unchanged’: Senator rejects Chalmers’ super tax offer

The treasurer will have to drop plans to tax unrealised gains to secure support for his superannuation tax hike.

  • Phillip Coorey
While surveys show fears of retirement is the top source of stress for workers, retirees themselves are among the most financially secure cohorts in the country.

Relax, here’s why you don’t need that much super

While surveys show fear of retirement is the top source of stress for workers, retirees themselves are among the most financially secure cohorts in the country.

  • Michael Read
Scott Hartley features on this week’s episode of 15 minutes with the Boss podcast.

This CEO was made redundant at 49. Now he runs a $3b company

When Scott Hartley was let go from NAB in his late 40s it came as a shock. But he used the experience to forge a different career path.

  • Sally Patten and Lap Phan

This Month

ISPT earmarks asset sales as it revamps $18b fund

Super fund investor ISPT chalked up heavy losses ahead of its merger with IFM Investors. It is moving to fix that, with an overhaul of its $18b flagship fund.

  • Nick Lenaghan
An OpenAI spokesperson said China-based firms were trying to distil the models of leading US AI companies.

AustralianSuper tipped $500m into Nvidia before DeepSeek crash

Australia’s largest super fund was buying up shares in the chipmaker in the lead up to last week’s trillion-dollar sell-off, Wall Street records indicate.

  • Joshua Peach
Private equity valuations face a sharrp correction.

Private equity funds face ‘$25b’ valuation wipeout

A global consulting firm has quantified the enormous valuation mismatch that lurks within Australian private equity portfolios.

  • Jonathan Shapiro

January

Six easy steps to retirement readiness (and one hard one)

There are no courses on how to plan for retirement, so we have done some of the work for you.

  • Andrew Hobbs
ASIC commissioner Simone Constant wants super funds to double down on customer service – or risk court action.

‘Weak’ scam protections put trillions of super money at risk

Superannuation funds have been warned they are at risk of becoming “soft targets” for scammers.

  • Joanna Mather
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Simone Constant and Margaret Cole plan to keep the pressure up on superannuation funds this year.

Warning to big super: fix customer service, or we’ll see you in court

Labor’s plan to force superannuation funds to meet minimum standards will add fuel to regulators Margaret Cole and Simone Constant’s 2025 ambitions.

  • Hannah Wootton
Reserve Bank governor Michele Bullock. looks set for her first rate move next month.

Two other interest rate debates will decide where the ASX goes next

A February rate cut is all but locked in. But with the Australian sharemarket back near record highs, investors need to consider two other big questions. 

  • James Thomson
Potentia’s Tim Reed.

ICG acquires Potentia’s SuperChoice

ICG is joined by former Link Group chief financial officer John Hawkins and Ezidebit founders Mick and Dan Dempsey. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Treasurer Jim Chalmers is having trouble drumming up enough support to pass super tax changes.

Offer to exempt judges from super tax hike not enough for Senate

The chances of the government passing its tax hike on $3 million-plus super accounts before the election remains slim at best.

  • Phillip Coorey
Stephen Jones says super funds will need to comply with minimum customer service standards.

Super funds face full force of new customer service standards

Assistant Treasurer Stephen Jones says superannuation funds should be held to the same standards as banks and other financial services companies.

  • Phillip Coorey and Hannah Wootton

Original URL: https://www.afr.com/topic/superannuation-62e