Financial literacy: Commission and OECD-INFE publish joint framework to improve individuals' financial skills

11th January, 2022

The European Commission and the OECD International Network on Financial Education (OECD-INFE) have today published the joint EU/OECD-INFE financial competence framework for adults. This framework aims to improve individuals' financial skills so that they can make sound decisions regarding their personal finances. It will support the development of public policies, financial literacy programmes and educational materials by Member States, educational institutions and industry. 

It will also support the exchange of good practices by policy makers and stakeholders in the EU. Having a better understanding of finance empowers individuals in managing their personal finances and allows them to more safely and confidently participate in financial markets.