This report presents five key findings for financial education, drawn from the IOSCO/OECD joint report “The Application of Behavioural Insights to Financial Literacy and Investor Education Programmes and Initiatives”.
It gives a short overview of the ways in which behavioural insights are relevant for financial education and then summarises five key lessons that policy makers can follow, illustrated with the experiences of OECD/INFE members. Combining traditional ways of teaching with the insights drawn from behavioural research can create smarter financial education that encourages people to make choices, change behaviour and act in ways that could improve their financial well-being.
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