Authorities announce financial education plan for 2023Dec 22, 2022

FSC Vice Chairman Kim So-young presided over the 2nd financial education consultative body meeting on December 22 to discuss the outcome of financial education programs in 2022 and the plan for 2023. In his opening remarks, Vice Chairman Kim said that the ways in which financial education is being provided has changed over the last three years from a contact-based, one-way education method to a contactless, two-way education method, due to the COVID-19 pandemic and advancement in information technology. However, Vice Chairman Kim said that this paradigm shift in financial education does not bring about the same outcome for all age groups, and therefore, authorities will seek to provide financial education tailored to the needs of different age groups according to one's life cycle.