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International news feed

Our international RSS feeds provide news and views about financial literacy from around the world. The RSS feeds include international news over the last three months from:

  • Personal Financial Education Group (PFEG)
  • Financial Literacy and Ignorance (Professor Annamaria Lusardi)
  • Task Force on Financial Literacy

If you would like to suggest any other links you’d like us to include please email us. Please note that the content expressed in the RSS feeds does not necessarily represent the views of the Retirement Commission.

America built to last

In his State of the Union address President Obama spoke of an America “built to last.” I am glad that the focus of policy is turning to the long run. One essential component of such a built-to-last idea must deal with education. In an increasingly global and complex economy, citizens need to have the skills to successfully participate in labor markets, not to earn low and stagnating wages but wages that allow them to be part of a solid middle class, to send their children to college, and to save for retirement.

Wishes for the new year

As the new year starts, I have many wishes for financial literacy. I list the top three below:

The new financial literacy seminar series

As December comes to an end, I am thinking of some initiatives undertaken this year. One stands out, as it is rather recent and it is in the process of being evaluated to make it even better: our Financial Literacy Seminar Series. Started last October, this is a joint project between the George Washington University School of Business and the Federal Reserve Board (FRB) with the goal of hosting cutting edge research on financial literacy.

The Expert Panel for the National Curriculum review has published its findings - read more...

Financial education debated in parliament

Press release: Financial education is a long-term solution to the national problem of irresponsible borrowing and personal insolvency says report

Learning from Elsa Fornero

The front page of the Wall Street Journal last Monday, December 5, had three pictures of a woman in tears. That woman is Elsa Fornero, the Welfare Minister in the new “technocratic” government of Italy. The fact that she was in tears was truly remarkable and it deserved to be on the front page of a major business newspaper. This is something new, and there is a lesson to be learned from it.

Financial education to be debated in parliament next week

pfeg is recruiting for a new Chief Executive

Getting ready with PISA’s new module on financial literacy

I am turning in this blog post to the new financial literacy module that will be added to the Programme for International Student Assessment (PISA) in 2012. PISA’s group of financial literacy experts met in Melbourne at the end of September and finalized the questions that will be asked of 15-year-old high school students in 18 countries. I wrote about this module in a previous post (see link below) and it is time for an update.

pfeg's first e-newsletter