Netspar Magazine 22: Big Data and the Pension System of the Future

The fast-paced developments in the field of big data, fintech and robo advice are increasingly affecting our daily lives, but they also play an important role in the pension industry. Netspar partners expect that Data Science can particularly have a big impact – and a high probability of success – on the personalization of pension products and communication. At the same time, issues such as risk management, life-cycle investment, privacy and the gap between citizens who may or may not be able to keep up with the latest developments, raise many new questions.

Marike Knoef (LU) and Bas Werker (TiU) already explored the possibilities of data science for the pension domain and summarize their findings briefly in this presentation (in Dutch).

Reading tips

• View the presentations from the Netspar Aniversary Meeting on March 29, 2017 (under Program)
• Netspar Brief 8 (English summary)
• Verschil moet er zijn: betere segmentatie door het combineren van databronnen, Chantal Hoet, Elisabeth Brüggen, Thomas Post, Wiebke Eberhardt

Projects

• A project group about the changing role of pension administrators as a result of big data, will be starting shortly, under supervision of Bas Werker (TiU) and Lans Bovenberg (TiU).
• Keuze en maatwerk in pensioen; Economische en juridisch aspecten en Data Science, Bas Werker, Bastiaan Starink, Wesley Kaufmann.

Video

Femke de Vries (AFM): “Netspar can help answering the questions about how we can use Big Data to increase the involvement of pension participants.”