Abstract
Through the agency theory lens, we study if and how big data analytics and technological tools can improve pension fund governance to allow trustees to use available information more effectively. We theorise how big data analytics and technological tools could help reduce information asymmetries, improving decision-making by giving trustees a better insight into assessing their pension funds' governance, administration, and investment plans. Further, we propose that this can improve governance by reducing information asymmetry arising from the agent-principal relationship and allowing trustees to be better monitors and achieve greater transparency, improving the funds' administration. In the context of the lack of research on using big data analytics and other tools in dealing with information asymmetries, which is assumed by agency theory that trustees should be doing, we explore the impact of technological tools on the double agency relationship in pension fund governance.