What can we learn from the Aussies - John Ritchie, CEO, Ellipse

clock

In November, I was in Sydney at a conference of life industry people from around the world sharing ideas and issues.

There were common issues - sceptical consumers, frustration with ivory tower regulators and politicians who start radical reform to deal with the huge societal issue of too many of us living too long but never quite finish the job. With NEST on our horizon there is much to learn from the Australian environment and their mature compulsory savings scheme. I don't call it a compulsory pension scheme as they don't have to annuitise and there is still a means tested state pension that distorts behaviour at retirement. Of most interest though is the emergence of large quasi mutual "Super" fu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Most client meetings happen without one of the advised couple present

Most client meetings happen without one of the advised couple present

More than half of clients said they hold the adviser relationship in their name only

Laura Miller
clock 17 September 2026 • 2 min read
Titan Wealth to provide financial education to pro cricketers

Titan Wealth to provide financial education to pro cricketers

Professional sport comes with 'a very different financial journey'

Laura Miller
clock 16 September 2026 • 2 min read
CII New Gen group takes on young adviser shortage

CII New Gen group takes on young adviser shortage

Hollee Vivian launches initiative with adviser peers

Isabel Baxter
clock 15 September 2026 • 4 min read