Citi-FT Financial Education Summit
Since 2007, the Pearson Foundation has been a proud sponsor of the Citi-FT Financial Education Summit. Organized by the Citi Foundation, the Pearson Foundation, and the Financial Times, this international gathering gives community leaders from around the world the opportunity to discuss how to boost financial literacy levels by tailoring financial education programs to meet the needs of local communities.
Each year, participants take part in forums and work groups in which they identify and share best practices in content development and delivery. They also explore effective multi-sector partnerships among governments, educational establishments, the private sector and non-profit organizations.
The November 2011 summit in Jakarta, Indonesia, Empowering the Disadvantaged: Inclusive and Innovative Approaches to Financial Capability, focused on the need for greater innovation and collaboration among stakeholders to make faster progress in reducing poverty and boosting financial inclusion.
Again at this gathering, representatives of non-profit organizations, financial institutions, government agencies/regulators, multilateral institutions, microfinance institutions, consumer advocacy groups, educational organizations and private business leaders gathered to:
Learn about some of the best financial literacy initiatives focused on savings, debt management, retirement, investing, financial planning and asset building
Gain insights into how advances in behavioral economics can improve financial capability in both developed and developing countries
Explore how generational, cultural and socio-economic differences affect consumer financial behavior
Discuss ways to design more efficient and scalable financial education programs around the world
In previous years, the Pearson Foundation has been a co-organizer and supporter of similar events held in New Delhi, India (in 2007); Beijing, China (2008); Singapore (2009); and Sydney, Australia (2010).
More information can be found at www.financialeducationsummit.org.