"On financial education, as a training proposal, concrete steps have been taken in recent times, but a shake-up is needed". She said it Stephen Lucchini, president of FEDUF and chief Institutional Affairs and External Communication Officer of Intesa Sanpaolo, during the round table "Accompagnare l'investor", at the Salone del Risparmio in Milan, where the fourth Assogestioni-Censis Report "The hidden incompetences of Italians" was presented, on the dynamics that influence the investment decisions of savers and which can lead to undesirable results.
“The report shows – explains Lucchini – how Italy, one of the most prone to saving nation, is also a 'badly educated' country from the point of view of financial knowledge: young and very young people do not understand the fundamentals of the economy and finance , while adults and seniors claim to be financially savvy, without admitting their shortcomings.”
Financial education: statements by Stefano Lucchini
For this reason, "FEDUF works to broaden its collaboration with schools, to involve generations across the board, developing programs for young people, adults and sportsmen". Then a mention on the Competitiveness Decree which has included financial education among the subjects of civic education, "to also involve parents and families, to arrive at mixed training courses, where expert adults can work alongside teachers, in dialogue and in the training of the younger generations".
Lucchini also underlines the need to have "more punctual preparation and an immediate reaction capacity also to protect the segments of savers subject to fraud and illegality". As recalled by the art. 47 of the Constitution, "the protection of savings and investments corresponds to a more general interest: that of a freer society, which must not lose the well-being it has acquired and which in order to do so must not retreat from fundamental knowledge".
Then mention a quote from Winston Churchill, “savings are a very good thing, especially if your parents made them for you”. “I think it is essential now to reactivate that social elevator that helps people to establish themselves and today, at the basis of every professional path, there can only be the fundamentals of economics and finance, together with the specific subjects of the study address that each choose, together with that civic sense of understanding and participation in public life that civic education entails”, concluded Lucchini.
