Centro de Documentacion de Fundación MAPFRE - The Making and breaking of trust in pension providers : an empirical study of pension participants

MAP20180025952

The Making and breaking of trust in pension providers : an empirical study of pension participants / Hendrik P. Van Dalen, kéne Henkens

Sumario: Trust in pension institutions is pivotal in making pension decisions, like saving or enrolling in pension programs. But which traits of pension institutions matter in making or breaking trust in providers like pension funds, banks or insurance companies? This paper presents an empirical analysis of the underlying forces of trust in private pension providers in the Netherlands. Based on a large-scale survey among pension participants, we show that the perceived integrity, competence, stability and benevolence of pension providers matter in assessing their trustworthiness. First, pension funds are more trusted than banks or insurance companies, a difference that is primarily related to weights attached to perceived levels of integrity and stability. Second, higher educated participants have a significantly higher propensity to trust pension providers than lower educated. Third, transparency as perceived by participants plays virtually no role in establishing trust

En: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 02/07/2018 Volumen 43 Número 3 - julio 2018 , p. 473-491

1. Pensiones . 2. Sistemas de pensiones . 3. Empresas de seguros . 4. Confianza . 5. Encuestas . 6. Fondos de pensiones . 7. Países Bajos . I. Henkens, kéne . II. Title.