Can we really learn pension lessons from Down Under?

Many of the pension freedoms that have recently been brought in are designed to give Britons the same flexibilities that Australians have enjoyed for many years. In contrast to the previously prohibitive UK pensions system, Australia has maintained a much more liberal attitude towards empowering retirees to make their own decisions with their money. But while as a result of the reforms Britons over the age of 55 are beginning to consider when - and how much - to take from their retirement savings, Australia is beginning to move the other way, looking to tighten up its own pension syst...