This may be important for Australia but it’s important for Britain too. Thanks to Philip Clark and thanks to Jim Hennington for forwarding this to all of us on linked in.

If there was an argument for converting a pot to pension, this is it – brilliantly put .

This explains how the fear of longevity can be eased but we need to extend the argument to use investment to deliver  wages in retirement closer to what we want and  need. This –  Australia – is what you can copy from us Poms!

Here’s Phil’s article clipped from the IFOA’s Longevity Bulletin (18). Thanks Paul Sweeting! 

Phil Clarke delivers a great article on how we can finance growing older. We should reply by explaining how Super could convert to a Super Lifetime Wage!