Blog: Drawdown lessons from Down Under

Drawdown lessons from Down Under

clock

Are we living in a country whose pension system is moving away from guaranteed income for life just as the clever money is moving in, asks Stephen Lowe

"This is the man who put a million on black and it came up red; who married a sex kitten just as she turned into a cat; who moved into gold just as the clever money moved out. This is the man who drives a Volkswagen. Everyone must have something in life he can rely on." The words of this classic 1980s car advert still make me smile. They also make me wonder, are we living in a country whose pension system is moving away from guaranteed income for life just as the clever money is moving in? Before Christmas, a far-reaching report from the inquiry investigating weaknesses in Australia's...

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 Income

L&G joins with HSBC UK in annuity access push

L&G joins with HSBC UK in annuity access push

HSBC customers given direct access to L&G annuity service

Jenna Brown
clock 07 January 2026 • 2 min read
Doug Brodie: Start where the client starts - income, not risk

Doug Brodie: Start where the client starts - income, not risk

Using investment trusts to solve the drawdown problem, part two

Doug Brodie
clock 06 January 2026 • 5 min read
Smoothing the dash to drawdown: Defending against sequencing risk and volatility drag

Smoothing the dash to drawdown: Defending against sequencing risk and volatility drag

'A new class of on-platform smoothed funds could be particularly useful'

James Tothill
clock 25 November 2025 • 4 min read