With public pensions under pressure and private pensions exposed to risk, individuals face an increasing variety of financial risks, particularly those linked to their retirement. This book analyzes the level of risk awareness of consumers and highlights good practices governments might initiate to enhance consumers' awareness and education on insurance and private pensions issues.
Table of contents:
PART I. FINANCIAL EDUCATION IN THE INSURANCE SECTOR: Risk Awareness and Education on Insurance Issues: Comparative and Analytical Report -Overview -Introduction: Definition and Scope of the Report -Chapter 1. Increasing Need for Awareness and Education on Risks and Insurance Issues -Chapter 2. Evaluation of Individual's Risks and Insurance Awareness, Education, and Capacity -Chapter 3. Main Stakeholders' Roles and Governments' Involvement -Chapter 4. Programmes and Tools to Enhance Risk Awareness and Education on Insurance Issues -Conclusion -Annex 1.1. Some National Programmes Aimed at Strengthening Financial Education -Annex 1.2. Mediation and Redress Mechanisms in Selected OECD Countries -Annex 1.3. Selected Regulations on Information Disclosure on Insurance Products and Providers -Annex 1.4. Regulation and Self-Regulation of Intermediaries' Roles and Responsibilities in Selected OECD Countries -Appendix: OECD Recommendation on Good Practices for Enhanced Risk Awareness and Education on Insurance Issues PART II. FINANCIAL EDUCATION IN THE PRIVATE PENSIONS SECTOR: Financial Education and Saving for Retirement: Analytical and Comparative Report -Overview -Chapter 1. Financial Education and Saving for Retirement - Why Financial Education is Needed for Retirement Saving -Chapter 2. Current Financial Education Programmes, Related Approaches and Evaluations -Chapter 3. Conclusions and Lessons Learnt -References -Appendix. OECD Recommendation on Good Practices for Financial Education Relating to Private Pensions