From Financial Literacy to Financial Capability and Financial Well-being: more than a semantic change | University of Oxford

From Financial Literacy to Financial Capability and Financial Well-being: more than a semantic change

Speaker
Professor Elaine Kempson, University of Bristol
Event date
Event time
17:00 - 18:30
Venue
Department of Education
15 Norham Gardens
Oxford
Oxfordshire
OX26PY
Venue details

Seminar Room A (via Reception)

Event type
Lectures and seminars
Event cost
None
Disabled access?
Yes
Booking required
Not required

There has been a gradual shift in responsibility for social protection of individual citizens from the state to the individuals themselves, who must now operate in an increasingly complex financial marketplace to meet their own social protection needs and those of their household. This has raised concerns about the extent to which they are equipped to do so and a large body of research relating to financial literacy, financial capability and financial well-being. as well as a burgeoning financial education sector Elaine will explore the conceptual and practical differences between these three areas of research and how they relate to one another. To do this she will be referring to qualitative and quantitative research that will be published next month and drawing out what this means for educators and other policy makers.