financial literacy

By Chuin Ting Weber, CFP, CFA, CAIA CEO & Chief Investment Officer, MoneyOwl Prof Annamaria Lusardi is a global authority on financial literacy When I had the privilege to meet her in the US while on the Stanford Executive Program one year ago, she said to me, “Financial advice is not a substitute for financial literacy.”...

Are tax incentives and multiple choices sufficient for good financial planning outcomes en masse? It may not be obvious in Singapore, but financial planning and financial literacy are professions that attract international research. Recently, Wharton’s Assoc Professor Christina Zhu conducted an award-winning study on US “529” tax-advantaged college savings plans. A stunning 67% of these...

...