The Foundation Board has appointed Leon van Riet to the Supervisory Board of the Netspar Foundation. He is CEO Netherlands Life & Pensions at NN Group and a member of the board of NN Group. Corien Wortmann, chair of the Supervisory Board, commented: “we are pleased with Leon’s arrival. He has a long track record in the field of insurance and pensions and we…

What influence do subjective expectations have on economic decisions of the elderly? This is because different perceptions about their future and uncertain events can be distinguished among the elderly. The doctoral research by Lkhagvaa Erdenesuren (Tilburg University) provides insight into this through three essays. This research was funded by Instituut Gak. The first essay examines both the actual and perceived survival rates of married…

“Online financial influencers have a clear but limited effect on investment decisions” The digitalisation of financial services in recent years has led to a growing number of Dutch households investing to maintain or improve their wealth. Most investors opt for execution- only services and are therefore responsible for their portfolio and investment decisions. This trend has not gone unnoticed on social media, where online…

“Presentation format less important than risk elicitation method and individual characteristics” New legislation requires pension funds and insurance companies to elicit risk attitudes at least every five years. How such a survey is presented (the presentation format) could influence elicited risk preferences and consequently the investment strategies for different groups. We investigate whether that is the case among pension fund participants in the construction…

“Communication needs to explain current and new pension allocations” Under the new Dutch Pension Act, collective assets will be allocated to individual assets. This will take place during a transition period. Pension providers are legally obliged to inform participants in advance about what these changes mean for them. The intention is that every interested party will be able to compare the expected pension in…

Following scientific validation by the Scientific Council and recommendation from the Partner Research Council, four applications for theme grants have been awarded with grants of €350,000 each: Jorgo Goossens (Radboud University): Understanding, measuring, and applying ESG preferences Thomas Post (Maastricht University): Pension Planning in the Age of AI – What can we learn from Digital Peers? Anouk Festjens, Jona Linde, Thomas Meissner, Peter Werner…

The Pensioen3daagse is over again. This initiative by Wijzer in geldzaken encourages people to take action for their pensions. The opening took place during the BlikOpener symposium at the Eye Filmmuseum in Amsterdam. Netspar was also represented. Researchers Max Groneck and Raun van Ooijen offered a try-out of their pension comparison tool during the symposium. They are developing this tool together with the Netspar…

“Positive emotions and feelings also drive pension decisions” Pension reforms often result in the responsibility for an adequate pension falling more on individual participants. It is then important that participants sufficiently understand their pension situation and adjust it where desired. Effective interventions to promote this require a better understanding of the motivations for looking at the pension situation. We investigated this with an online…

From Groningen to Maastricht and even outside the Netherlands. From all directions, researchers came to Pension Day in Utrecht’s Beatrix Building on 12 October. And not only that: there was also great variety in terms of research disciplines. Three participants about this successful day of knowledge exchange. Pension Day is an event where participants mainly explore the depth of the pension field. This is…

The winners of the Netspar Thesis Awards 2023 have been announced: Danjun Xu from University of Amsterdam and Timo Lambregts from Erasmus University Rotterdam. The Netspar Thesis Awards were presented Thursday during Pension Day by Andries de Grip, chair of the Editorial Board. They go to a Master thesis and PhD thesis that stand out for their excellence. The topic of the thesis should…