Why Private Equity Is Eyeing Our Retirement Savings
It was supposed to be a long summer break for Aussie executives. Instead, for the C-suite of one of Australia's biggest wealth and superannuation providers, Insignia Financial, the holiday period was interrupted by a flurry of takeover offers from overseas players Bain Capital and CC Capital Partners. Host Rebecca Jones and Bloomberg finance reporter Harry Brumpton take a look at this bidding war, what it reveals about the growing importance of Australian wealth firms on the global stage, and the implications for 2025 deal activity. Listen and follow The Bloomberg Australia Podcast on Apple, Spotify, on YouTube, or wherever you get your podcasts. Terminal clients: Run {NSUB AUPOD } on your desktop to subscribe. And for a daily wrap of the business, finance and economic stories that matter to Australians, from Bloomberg's reporters around the globe, sign up to our free Australia Briefing newsletter.
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