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Connecting to Reimagine Webinar Recordings

“Financial Education in School: Lessons from Portugal” Webinar, May 12, 2021

The global pandemic has underscored financial literacy’s role as a life skill. Yet evidence from the Programme for International Student Assessment (PISA), a large-scale study of 15-year-olds around the world, finds that many young people do not have the knowledge they need to successfully manage financial responsibilities. This GFLEC’s Connecting to Reimagine: Money & COVID-19 webinar series examines how Portugal is using mandatory financial education to prepare young people to make smart money decisions now and in the future.

 

Portugal is a leader in mandating financial education in schools. GFLEC Director Annamaria Lusardi joins the Portuguese Minister of Education Dr. Tiago Brandão Rodrigues and Maria Lúcia Leitão, Head of the Coordination Committee of the Portuguese National Plan for Financial Education, for a high-profile discussion focused on Portugal’s experience and the important lessons it offers the education community, policy makers, and private-sector decision makers in other countries.

“Forging Fearlessness: Turning Women Into Investors” Webinar, April 21, 2021

This Connecting to Reimagine: Money & COVID-19 webinar includes a discussion about the connection between women’s financial literacy and their fear of investing as well as the possible actions that can be taken by the private and public sectors to reverse this phenomenon. Women’s lack of participation in the stock market is troubling, as it means they miss a critical opportunity to grow their wealth. Preparing girls and turning women into well-informed, confident investors can help address the growing wealth gap and improve financial well-being.

 

Annamaria Lusardi, Founder & Academic Director of GFLEC and University Professor at GW, joins the panel discussion alongside Nan J. Morrison, CEO & President of the Council for Economic Education, and Amanda Pullinger, CEO of 100 Women in Finance. The moderator is Karen Vahouny, a member of our Advisory Council and Adjunct Professor at the George Washington University and American University.

“Rethinking the Role of Investor Protection & Education” Webinar, March 30, 2021

Around the world, financial market regulators have been watching the ways the COVID-19 outbreak is changing the investment landscape, especially at a time of increased market volatility. Lockdown and pandemic protocols have elevated the double-edged sword of technology, which enabled investment to continue virtually but has also given rise to new fraud schemes. How are regulators handling these new challenges? Just as financial markets were forced to quickly adjust amid the pandemic, the type of investor protection and investor education which is needed has also changed. The Connecting to Reimagine: Money & COVID-19 series by the Global Financial Literacy Excellence Center (GFLEC) examines regulatory changes currently underway and what’s ahead for investor protection and investor education as the world moves beyond the pandemic.

 

In this webinar, Annamaria Lusardi, Founder and Academic Director of GFLEC, and University Professor at The George Washington University (USA), moderates the discussion between Lyndwill Clarke, Head of Consumer Education at Financial Sector Conduct Authority (South Africa), Marcel Haag, Director for Horizontal Policies at the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (Europe), Nadia Linciano, Head of Economic Studies Unit at CONSOB (Italy), José Alexandre Vasco, Director of the Office of Investor Protection and Assistance, Securities and Exchange Commission (Brazil), and Gerri Walsh, President of FINRA Investor Education Foundation, and Senior Vice President, Investor Education, FINRA (USA).

“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.