Press Release: Financial services: conference on better financial education for EU consumers

To raise awareness of the need to provide high-quality financial education to consumers, the European Commission is organising a conference on "Increasing Financial Capability" in Brussels on 28 March 2007. Financial education has a vital role to play in ensuring that EU consumers and investors are equipped with the knowledge they need to make crucial financial decisions for themselves and their families, in areas such as planning for the costs of a child's education, managing credit sensibly, ensuring an adequate level of insurance cover and making provisions for retirement. This conference will also serve as a forum to exchange best practices between existing providers of financial education.