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Month of Financial Education 2020: financial choices at the time of Covid-19 (Press release of the "Committee for the planning and coordination of financial education activities" of 9 June 2020)

PRESS RELEASE

Applications are open for organizing conferences, webinars, cultural initiatives, information seminars, shows, game days and training on financial education that will take place throughout Italy next October

The third edition of the Month of Financial Education, organized by the Committee for the planning and coordination of financial education activities, which will be held from October 1st to 31st, will focus on financial choices at the time of Covid 19.

The Committee invites associations, institutions, businesses, universities and research centers, schools, foundations, public administrations and any organization that wants to be engaged in the field of financial education by quality events, to submit its application through the specific online form that will be operating starting tomorrow, 10 June, on the portal quelcheconta.gov.it .

Which is the evolution of both personal and family financial choices with reference to the Coronavirus emergency? What opportunities does digital transformation of banking and financial services offer to families and businesses? These and many other themes for discussion will be addressed all through the Month, all along with a full calendar of online and face-to-face events: conferences, webinars, cultural initiatives, information seminars, shows, games and training days for adults, teenagers and children.

The events of the Month of Financial Education will be free and non-profit initiatives and they can be organized by a range of public and private bodies. In particular, from 26 to 31 October, it will take place the week of social security education. This initiative, in its first edition, has been planned with the purpose of increasing the social security culture of citizens, starting from the youngest, promoting a better understanding of the functioning of the Italian pension system, both compulsory and voluntary.

All initiatives aiming to increase basic knowledge on insurance, social security and management and planning of personal and family financial resources will be accepted, in accordance with the requirements set by the Guidelines which are available on the portal of the Committee.

Joining the initiatives will allow to make use of the official logo of the Month and to participate to its promotion on a national level, so as to guarantee the organizers of the individual initiatives greater visibility and to promote the effectiveness of the actions in coordination with the other participants.

For those who will contribute to the Month with their own initiatives interactive tools will be available to share information on events, to be aware of the resources available in Italy on this subject, and to make synergies.

"This is an important appointment that the Committee renews again this year. The goal is to make citizens aware of the need to increase their financial, insurance and social security skills - underlines Annamaria Lusardi, Director of the Edufin Committee -. These skills have a great impact on people's quality of life and they are fundamental to better face the current crisis and uncertainty situation, linked to the Covid-19 emergency. Many data reveal to us that the financial knowledge of Italians is still lacking and needs to be enhanced. The Committee is at the side of the citizens to give them an effective support in this challenge ".

Press release PDF version

Guidelines for participation in the "Month of Financial Education" - October 2020 and procedures for granting the use of the official logo of the initiative [only Italian version]

The Committee for the programming and coordination of financial education activities has the task of planning and promoting financial awareness and education initiatives to improve at a measurable level the skills of Italian citizens with reference to savings, investments, social security and insurance.

The Committee is composed of: the Ministry of Economy and Finance, the Ministry of Education, the Ministry of Economic Development, the Ministry of Labor, the Bank of Italy, Consob, Covip, Ivass, Ocf, the National Council of Consumers and Users.

Participation in the Committee does not entitle to any emolument or remuneration or attendance fee.

The Committee is on Instagram with the @ItaEdufin account, on Twitter with the @ITAedufin account, on Facebook with the @ITAedufin account.

For further information:

www.quellocheconta.gov.it

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