Canada’s recently appointed Financial Literacy Leader aims to persuade people to change their behaviour
Research finds that mandatory financial education led to higher credit scores in three states
Greater transparency intended to promote financial literacy
Expert panel judges student business plans
10 winning submissions highlight growing investor knowledge among young Canadians
Regulators, financial industry lobbyists and educators among those selected for the National Steering Committee on Financial Literacy
Clients who understand financial concepts are more trusting and loyal toward their advisors. Imparting that knowledge begins with understanding your clients' goals
Canadian results similar to those of other countries
Only 10% of students score at the highest financial literacy proficiency level
Educational programs that engage the user emotionally or physically are key for making gains in financial literacy, study suggests