The European Commission and the Organisation for Economic Co-operation and Development/International Network on Financial Education (OECD/INFE) are holding an online conference on 25 January 2022 to present the ‘Financial competence framework for adults in the European Union’, which was published on 11 January 2022.
The framework was jointly developed by the Commission and the OECD/INFE and builds on the existing G20/OECD INFE core competencies framework on financial literacy for adults. The aim of the framework is to promote a shared understanding of the financial competences adults need to make sound decisions about personal finance.
It will help EU Member States, educational institutions, industry and individuals to develop public policies, financial literacy programmes and educational materials. It will also facilitate the exchange of good practices by policy makers and stakeholders within the EU. The framework is accompanied by a tool that helps users navigate and filter competences according to their needs.