The use of data in the pension market

“How can data use benefit pension participants without harming collectivity or privacy?”

Insurance has always involved the use of data to estimate the likelihood of an event occurring. However the vast quantities of interconnected data that now available in our digital age raise various ethical dilemmas for pension providers. For example, should they be allowed to base pension premiums on health profiles, or may data be used to increase pensions for people with a lower life expectancy? This research does not provide a definite conclusion, but discusses different considerations that play an important role in the ethics of data usage by pension institutions.

Read one pager

 

Key Takeaway for the Industry

Data usage offers pension providers many new possibilities but also a host of ethical dilemmas that need to be navigated carefully because there are no clear-cut answers.

Want to know more?

Read the paper ‘Het gebruik van data in de pensioenmarkt’ (in Dutch) by Willem van der Deijl, Marije Kloek, Koen Vaassen and Bas Werker (TiU).

Netspar, Network for Studies on Pensions, Aging and Retirement, is a thinktank and knowledge network. Netspar is dedicated to promoting a wider understanding of the economic and social implications of pensions, aging and retirement in the Netherlands and Europe.

MORE ABOUT NETSPAR


Mission en strategy           •           Network           •           Organisation           •          Magazine
Board Brief            •            Actionplan 2023-2027           •           Researchagenda

ABOUT NETSPAR

Our partners

B20210618_Achmea_logo_grey
B20160708_universiteit utrecht
B20160708_erasmus
B20160708_ministeries
B20210909_SPMS_logo download greyscale smaller
View all partners