Australia

Top stories on the site include an expensive mistake by trustees of the Pilkington Tiles scheme, a scathing review of pensions proposals, and a frustrating Supreme Court judgment. Here's what you might have missed.

PP looks at warnings from the OECD about the UK's direction of travel

The vast majority of the industry believes there is too much regulation in pensions, and its tax treatment is over complicated.

Helen Morrissey asks whether we are right to follow the Australian pensions example.

The government has been warned the UK risks alienating employers and scheme members if it continues to follow the Australian example.

What can we learn from five years of progress down under?

The NAPF’s Graham Vidler says people need a default retirement pathway

JLT’s Mark Wood says the government has hugely underestimated the number that could cash out after April

Australia's Financial System Inquiry (FSI) has concluded the best way to improve income in retirement is to force trustees to pre-select a retirement income product for members.

A review into Australia's superannuation system has recommended trustees should pre-select a "comprehensive income product" to provide members with longevity protection and a stable income stream in retirement.