OECD-Bank of Italy Symposium on Financial Literacy: Improving Financial Education Efficiency

9 June 2010, Rome, Italy

This high-level event, co-hosted by the Bank of Italy and the OECD, brought together government officials and experts from public bodies and regulatory and supervisory authorities, as well as senior decision makers and academics from OECD countries and non-OECD member economies.

Discussions focused on:

monitoring financial literacy progress
behavioural economics and financial education
the importance of financial education in defined contribution pension schemes

New!	Summary Record
Draft Agenda	Information Note	Speaker Presentations
Evaluation Form	Contacts Evaluation Form	See also

Speaker presentations

Opening remarks

Ambassador Richard Boucher, OECD Deputy Secretary-General
Special address by Dr. Ignazio Visco, Deputy Director General, Bank of Italy

Session I: Monitoring Financial Literacy Progress: Assessing Gaps and Needs and Evaluating Impacts

Ms. Adele Atkinson, Financial Affairs Division, OECD
Importance of Assessing Needs and Evaluating Impact
Mr. Piero Cipollone, National Institute for the Evaluation of Education and Training System Efficiancy, Bank of Italy, The Involvement of Schools
Ms. Dubis Correal, Office of Financial Education, US Treasury Department
Financial Capability in the United States

Session II: Behavioural Economics and Financial Education

Ms. Vera Rita de Mello Ferreira, São Paulo University, Brazil
Financial Education: Can Economic Psychology and Behavioural Economics Help to Improve It?
Ms. Joanne Yoong, RAND Institute, United States
Making Financial Education More Effective: Lessons From Behavioural Economics

Session III: Importance of Financial Education in the Case of Pension DC Schemes

Mr. Ambrogio Rinaldi, COVIP, Italy
Pension Awareness, Enrolment and Auto-enrolment
Ms. Annamaria Lusardi, Dartmouth College, United States
The Great Shift: From DB to DC Pensions. The Importance of Financial Literacy

Concluding remarks

Ms. Anna Maria Tarantola, Deputy Director, Bank of Italy
Ambassador Richard Boucher, OECD Deputy Secretary-General

Contacts

If you have any questions, please contact:

Jennah Huxley, OECD, jennah.huxley@oecd.org, tel: + 33 (1) 45 24 85 55
Giulia Gobbo, Bank of Italy, giulia.gobbo@bancaditalia.it, tel. +39 (0)6 47924835
Marilisa Guida, Bank of Italy, marilisa.guida@bancaditalia.it, tel +39 (0)6 4792 4266
Carola Carlizza, Bank of Italy, carola.carlizza@bancaditalia.it, tel. +39 (0)6 4792 5765

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