Activities of Iliana IOTOVA related to 2007/2288(INI)
Reports (1)
REPORT Report on protecting the consumer: improving consumer education and awareness on credit and finance PDF (166 KB) DOC (101 KB)
Amendments (7)
Amendment 6 #
Motion for a resolution
Recital G
Recital G
G. whereas research has shown that those who have learned the basic aspects of personal finance at a very early age have morebetter financial literacy; whereas financial education is closely related to the teaching of basic skills (mathematics and reading), and whereas financial decisions impact greatly on quality of life and as such financial education should be taught in a context of social awareness and social responsibility,
Amendment 15 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses the role of consumer organisations in defining the specific needs of target groups for financial education, in notifying weaknesses and shortcomings in existing education schemes, and in providing financial information to consumers, such asincluding through internet- based tools for financial planning;
Amendment 17 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Is of the opinion that financial education programmes can only be effective if they are tailored to the needs of specific target groups and, if appropriate, if they are as personalised as possible; is of the opinion, moreover, that all financial education programmes should contribute to the improvement of a conscious and realistic handling of each individual's financial possibilities; consideration should be given to the development of programmes that improve adults’ financial capability skills, either in the workplace or by making use of landmark points in the life of an individual, such as the birth of a child, marriage, divorce or bereavement, and which are supported by a range of independent consumer tools;
Amendment 23 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Emphasizes that financial education can complement but cannot be a substitute for robust consumer protection provisions in financial services legislation and the regulation and strict supervision of financial institutions;
Amendment 29 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Recommends that financial education schemes focus on important life-planning aspects such as basic saving, debt management, insurance and pensions; moreover, specific schemes should also encourage parents to become a role model for financial behaviour and literacy;
Amendment 39 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Encourages Member States to include combined social and financial education in the primary and secondary school general curriculum, which is designed to develop the skills and understanding needed in everyday life, and to organise systematic training for teachers on this issue;
Amendment 42 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Encourages Member States to pay special attention to the educational needs of pensioners and workers at the end of their professional career, and also to young people starting their professional career who are faced by the challenge of determining how to make appropriate use of their first income;