Pension engagement only way to cut 'retirement anxiety'

Verona Kenny says industry has ‘moral duty’ to push engagement

Jenna Brown
clock • 3 min read

The financial services industry has a moral obligation to help relieve high levels of retirement anxiety among the population, delegates heard.

Speaking at the Personal Investment Management & Financial Advice Association (PIMFA) Women's Symposium 2025 yesterday (22 April), Aberdeen Adviser chief distribution officer Verona Kenny said advisers and the wider wealth planning arena could and should help address the pensions engagement problem. She said Aberdeen Adviser research had revealed 41% of people have "done nothing" to prepare for retirement. "What is stopping us? Why are we not planning for something that is so important?" she asked delegates. Kenny highlighted the introduction of Australian superannuation in the 198...

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 Pensions

Beyond the numbers: Understanding clients' emotional journey into retirement

Beyond the numbers: Understanding clients' emotional journey into retirement

'Supporting clients through the transition into retirement requires far more than technical financial expertise alone'

Catherine Foot
clock 29 May 2026 • 5 min read
Young disabled people face £245,000 pension gap

Young disabled people face £245,000 pension gap

PensionBee research finds

Sophia Panayi
clock 27 May 2026 • 4 min read
Pension transfer times hit 10-day mark in early 2026

Pension transfer times hit 10-day mark in early 2026

First time since September 2024

Sophia Panayi
clock 26 May 2026 • 1 min read