i'm joined by matt austen, who leads oliver wyman�*s consultancy business in the asia pacific.ting a degree of uncertainty among the retiree population about whether they made adequate provision for their retirement, the backdrop as we see the ageing population government is unable to provide full provision for retirement for retirees so they shifted some of that responsibility to the employer and ultimately that she is shifting onto the individual move from defined benefit to defined contribution schemes. individuals left asking how much do i need to retire — save to retire and when can i retire have i made adequate provision and japan we see retirees are spending somewhere between one and 3% of their wealth each year. a degree of uncertainty that comes with that, less the fact they are not spending as much as they might more the uncertainty that that is reflecting because of the lack of confidence in the adequacy of confidence in the adequacy of provision.— of provision. the uncertainty comes from _ of provision. the uncertainty comes from lack _ of provision. the uncertainty