You’re invited – RSVP!: The role of tailoring in incentivising people to delve into their pension situation

Publication date

2019-08

Authors

Dinkova, MilenaISNI 0000000492529445
Elling, SanneISNI 0000000389669941
Kalwij, Adriaan S.ISNI 0000000115682348
Lentz, L.R.ORCID 0000-0002-9676-6574ISNI 0000000036374806

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Document Type

Working paper
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Abstract

This paper assesses whether offering tailored pension information based on age and gender is a way to get people interested in pension information. We conducted a randomised field experiment in which we sent email invitations to all employees of an insurance company to use an online tool, referred to as “the Pensioncheck”, in order to learn more about their personal pension situation. This experimental set-up enabled us to answer the following research question: Does tailoring induce participants to perform the Pensioncheck? We found evidence that tailoring in the trigger phase can work in two opposite directions.

Keywords

pension communication, pension information, tailoring, field experiment, financial decision making

Citation

Dinkova, M, Elling, S K, Kalwij, A S & Lentz, L R 2019 'You’re invited – RSVP! The role of tailoring in incentivising people to delve into their pension situation ' USE Working Paper series , no. 13, vol. 19, 13 edn, USE Research Institute.