Cold shoulder for Guvera backer
The private equity industry has distanced itself from AMMA Private Equity, the outfit behind the $1.3 billion planned listing of Guvera.
Sally is a Sydney-based reporter, who covers business, personal finance and superannuation.
The private equity industry has distanced itself from AMMA Private Equity, the outfit behind the $1.3 billion planned listing of Guvera.
The non-profit superannuation lobby's governance review, led by Bernie Fraser, has stalled and is set to sink without a trace if Labor wins the federal election.
The corporate watchdog is making its first use of powers it was given three years ago.
The $1.3 billion float of online music streaming business Guvera is on ice as the regulator and exchange operator review the offer.
The Australian Shareholders' Association has issued a statement to warn investors off the $1.3 billion Guvera float.
The financial regulator is worried about how mid-tier research and broking firms are managing conflicts of interest.
Australia's largest listed insurers – QBE, IAG and Suncorp – could share more client data in a bid to stem about $2 billion a year in losses.
Changes to super in the budget will discourage average workers from putting money away for the long term.
Superfund Partners and Elston have partnered to launch Superstash, a mobile app to convert young couples to SMSFs.
The case of how one REST Industry Super member was denied a payout on her disability insurance highlights much broader problems in the system.
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