Financial Education

News & Events

 

News

Tougher rules needed to protect consumers, says OECD

07-Jul-2009

Financial services firms must make sure their customers understand what they are letting themselves in for when they sign up for mortgages, consumer loans and other products, under new OECD guidelines designed to avoid a repeat of the sub-prime mortgage crisis and ensuing credit crunch that sent the world economy into recession.

Financial Literacy and Consumer Protection: Overlooked Aspects of the Crisis

23-Jun-2009

This report provides further information on the context in which the OECD has actively taken a leadership role in proposing policy actions related to the protection and awareness of financial consumers in light of the financial crisis, especially through the elaboration of the Good Practices on Financial Education and Awareness Relating to Credit. 

The OECD will release good practices on financial education relating to private pensions in 2008

30-Jan-2008

After taking into consideration comments and updates received during the public consultation held between 26 June and 1 September 2007, the OECD will release `Good Practices on Financial Education relating to Private Pensions’ and a background report in 2008. 

The OECD will release good practices for enhanced risk awareness and education on insurance issues in 2008

23-Jan-2008

After taking into consideration comments and updates received during the public consultation held between 26 June and 1 September 2007, the OECD will release `Good Practices for Enhanced Risk Awareness and Education on Insurance Issues’ and a background report in 2008.

International Seminar on Awareness and Education relative to Risks and Insurance Issues (Istanbul, Turkey)

13-Apr-2007

This seminar aimed to highlight the need for increased awareness and specific education on risks and insurance issues in both developed and developing countries.


Events

Statement by OECD Secretary-General to the International Monetary and Financial Committee

on 11-Oct-2008

As the financial crisis deepens and spreads, a decisive policy action is needed to restore confidence and restart the flow of credit, according to Mr.Gurría.

8th OECD-IAIS-ASSAL Conference on Insurance Regulation and Supervision in Latin America, Rio de Janeiro, 9-11 May 2007

from 09-May-2007 to 11-May-2007

This conference discussed current topics in insurance regulation and supervision such as: financial management of large-scale disasters; strengthening of risk awareness and education on insurance issues; information disclosure on financial and insurance products; and development of the life insurance products, namely taxation.

The Inaugural New Zealand Symposium on Financial Literacy: Wellington, 1 December 2006

on 01-Dec-2006

The Symposium explored the importance of financial literacy and what's happening in New Zealand and overseas.

G8 International Conference on Improving Financial Literacy

from 29-Nov-2006 to 30-Nov-2006

This Conference, convened under the auspices of Russia' G8 Presidency, will be held in Moscow on 29-30 November 2006. The aim of the conference is to recognise the increased need for financial education in both developed and developing countries.

OECD Conference on Financial Education

from 21-Sep-2006 to 22-Sep-2006

Organised in New Delhi on 21-22 September 2006, this conference addressed a wide range of issues related to the development of education programmes for specific financial topics – including financial markets, private pensions and insurance - and also covered policy issues related to the public awareness campaigns and the disclosure of information.



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Financial crisis: Save our savings

Amid the worst current financial crisis since the 1930s, EU leaders have pledged to protect savers’ deposits. Already most OECD countries have explicit deposit insurance schemes for savings up to certain limits. In a number of countries these have now been raised temporarily.

Click here to see how countries compare.
How did the financial crisis turn into a global economic downturn?

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www.financial-education.org

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Improving Financial Education and Awareness on Insurance and Private Pensions