At the European level, Italians are in the tail group in terms of degree of economic and financial skills. This is testified by news reports (many recent ones linked to banks such as Etruria, Veneto banks, etc. and also by the sample research from which the Consob Report on the investment choices of Italian families takes its cue every year. It then gives a vivid representation of it the reading of the "appeals" brought before the financial banking Arbitrator, and those before the more recent Financial Disputes Arbitrator.
However, misplaced trust and stolen trust between intermediaries and consumers are not an incurable evil. As demonstrated by in-depth analyzes that cross data on disputes, geographical areas, efficiency of ordinary justice, where the awareness and degree of understanding of the rules of the economy and finance are more profound, the cases are reduced.
That therefore it is necessary to work on the front of financial education, everyone agrees. And the initiatives have not been lacking. The Bank of Italy cultivates a line of interventions (training for teachers; dissemination in the media, etc.) which has been going on for some time; Consob has already promoted an Investor Charter project since 2104; the very recent week of financial education promoted by Iosco worldwide was also celebrated by us. And the appointment of Professor Annamaria Lusardi to the presidency of the new financial education committee at the Mef is undoubtedly the opening of a new season.
But the "culture of doing" often struggles to establish itself in this country. In inviting all of you here today we set out the simple goal of doing a small service to the cause of financial education. As? Talking about what has been achieved, but also focusing on what, in the initiatives already underway, has not yet been achieved. What could be improved. What has not yet been brought into focus, and which a new policy on the subject could address more effectively.
Minerva Bancaria has already promoted an in-depth study of the topic with a conference on the ABF before the summer (the proceedings have just been published in the Minerva Bancaria notebook, Alternative dispute resolution methods – ADR). Now Fchub, the website of the publishing house, supports this public debate, with the same spirit of service.
FCHub – Financial Community HUB
Conference – FINANCIAL EDUCATION: Everyone wants it, but what do we do?
November 27rd, 2017, h. 15,00
Intesa Sanpaolo Group
Via del Corso 226 - Rome
15.00 Registration
15.20 Opening of works:
Intesa Sanpaolo Group
15.30. Introduction
Giovanni Parrillo, Banking Review - Minerva Bancaria and Assonebb
15.40 Reports
Magda Bianco, Head of Customer Protection and Anti-Money Laundering Service, Bank of Italy
Nadia Linciano, Head of the Economic Studies Office, CONSOB
16.20 Round table (moderated by Paola Pilati, FCHub director)
Giovanni Ferri, LUMSA and Assonebb
Jonathan Figoli, CEO of Professione Finanza
Fabrizio Ghisellini, behavioral economist, CASMEF (LUISS)
Giovanna Paladino, Intesa Sanpaolo Group and Assonebb
Marco Tofanelli, general secretary of Assoreti
17.30 Closing of works
Raffaele Lener, University of Tor Vergata, president of the FCHub scientific committee
Participation is free upon confirmation to: redazione@editriceminervabancaria.it
