You're invited - RSVP! The role of tailoring in incentivising people to delve into their pension situation

Publication date

2022-01-21

Authors

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

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Advisors

Supervisors

Document Type

Article
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License

taverne

Abstract

This paper used a randomised field experiment to test if tailoring an email invitation induces pension scheme participants to delve into their online personal pension situation. Action perspective and degree of urgency conveyed in the invitation were tailored based on gender and age. Overall, our empirical findings show that such tailoring had no positive effects on (1) the probability that pension scheme participants click on the weblink to access information about their pension situation and (2) the probability to log in to a tool for pension check.

Keywords

Field experiment, financial decision making, pension communication, pension information, tailoring, Taverne, Finance, Economics and Econometrics, Organizational Behavior and Human Resource Management, SCI and SSCI Journals

Citation

Dinkova, M, Elling, S, Kalwij, A & Lentz, L 2022, 'You're invited - RSVP! The role of tailoring in incentivising people to delve into their pension situation', Journal of Pension Economics and Finance, vol. 21, no. 1, pp. 38-55. https://doi.org/10.1017/S1474747220000141