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Connecting to Reimagine Webinar Recordings

“Using Financial Education to Fight Racial Inequality” Webinar, February 24, 2021

Discrimination against Black Americans has deep and unsettlingly strong roots in the United States. Historical racism contributes to current racial inequalities and continues to foster ongoing systematic biases. COVID-19 and the ensuing economic crisis have disproportionately affected the Black population. Our research indicates that even before the current crisis, the financial well-being of Black Americans was comparatively low. Innovative solutions, whether they be policies or programs, must be research-based, extensive, tailored to the diverse needs and circumstances of the Black population, and evaluated for effectiveness.

 

In the “Using Financial Education to Fight Racial Inequality” webinar, Ted Beck, a member of GFLEC’s Advisory Council, moderates the discussion between Professor Annamaria Lusardi, who speaks about GFLEC’s recent research on Black Americans, and Jason Young, an entrepreneur who speaks about his financial education initiatives, including e-games and programs to improve the financial literacy of Black male youth.

“Debt Management and Financial Security” Webinar, January 26, 2021

Debt has emerged as a persistent—and growing—problem for individuals and families around the world, including debt carried into retirement. For many, the economic setbacks of the COVID-19 pandemic have heightened already-troubling debt exposure. The fourth webinar in the Connecting to Reimagine: Money & COVID-19 series by the Global Financial Literacy Excellence Center (GFLEC) examines new research focused on late-in-life debt, how this trend is remaking retirement, and the role policy makers and private sector leaders can play in addressing this problem.

In the “Debt Management and Financial Security” webinar, Professor Annamaria Lusardi, Founder and Academic Director of GFLEC and University Professor at the George Washington University, led a discussion addressing how persistent debt is remaking the retirement landscape. Joining the discussion are Wim Mijs, Chief Executive Officer of the European Banking Federation, and Professor Olivia S. Mitchell, Executive Director of the Pension Research Council and Professor at the Wharton School of the University of Pennsylvania.

“Financial Fragility During the Pandemic: The Path Forward” Webinar, December 16, 2020

Financial fragility remains a chronic problem for individuals and families around the world, and its economic ramifications have been dramatically exposed by the pandemic. The Connecting to Reimagine: Money & COVID-19 webinar series examined financial fragility and what policy makers and private sector leaders can do to build financial resilience.

 

In “Financial Fragility During the Pandemic: The Path Forward,” Professor Annamaria Lusardi, Founder and Academic Director of GFLEC and University Professor at the George Washington University, led a webinar discussion focused on financial fragility, including new research findings and strategies for mitigating it. Joining the discussion are Dr. Maria Demertzis, Deputy Director of the economic policy think tank Bruegel; Dr. Billy Hensley, President and Chief Executive Officer at the National Endowment for Financial Education; and Professor Peter Tufano, Peter Moores Dean at Saïd Business School, University of Oxford.

“Financial Literacy and Wellness Among Women” Webinar, November 17, 2020

The Connecting to Reimagine: Money & COVID-19 webinar series continued with a discussion of women’s financial literacy and personal finances and the policies and solutions needed to empower women as economies around the world rebuild from the current crisis. The pandemic and economic crises have widened existing inequalities, as women disproportionately suffer from financial fragility and other negative impacts of this crisis. Women face a variety of unique financial challenges, including lower lifetime income, longer life spans, and career interruptions due to child rearing and caregiving.

In “Financial Literacy and Wellness Among Women,” Nicoletta Zappatini, Managing Director of StormHarbour Securities and a Member of the GFLEC Advisory Council, led a discussion with Annamaria Lusardi, Founder and Academic Director of GFLEC and University Professor at the George Washington University; Flore-Anne Messy, Head of the Financial Affairs Division at the Organisation for Economic Co-operation and Development (OECD) and Executive Secretary of the International Network on Financial Education (INFE); and Marty Willis, Senior Executive Vice President and Chief Marketing Officer at TIAA. They discussed strategies to empower women as we navigate through and ultimately recover from this crisis.

“Navigating Retirement Security Through a Pandemic” Webinar, October 27, 2020

The Connecting to Reimagine: Money & COVID-19 webinar series was launched with an in-depth look at the current pension crisis. In response to the economic crisis sparked by COVID-19, many policy makers around the world are allowing workers to withdraw from their retirement accounts. This policy may solve a short-term problem, but at the expense of retirement security in the long-term.

 

In "Navigating Retirement Security Through a Pandemic," you will hear about the experiences and insights of Chris J. Battaglia, Vice President and Publisher at Pensions & Investments and the CEO of the World Pension Summit; Dame Diana Crossan, the Former Retirement Commissioner of New Zealand and Chair of the GFLEC Advisory Council; and Professor Elsa Fornero, Former Italian Minister of Labour, Social Policies and Equal Opportunities and a Member of the GFLEC Advisory Council.

As the CEO of the World Pension Summit, Battaglia provided the industry perspective about changes in pensions around the world. As Retirement Commissioner, Crossan was instrumental in setting up KiwiSaver, a voluntary retirement savings program in New Zealand. As Minister of Labour, Fornero implemented a major pension reform in Italy and continues to contribute to the ongoing debate in Italy about the pension system.

The first webinar was moderated by Professor Annamaria Lusardi, Founder and Academic Director of GFLEC.

Check for upcoming webinars, and register for them, here.