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National Strategy for Financial Capability aims to simplify the language of finance

Photo: 123rf.com
The National Strategy for Financial Capability brings together more than 100 financial organisations to simplify the language of finance to help people make better and informed decisions around money.
The Commission for Financial Capability has taken the lead and brought together commercial, non-profit and government agencies, the major banks, insurance companies, budget and financial advisors, and iwi.
The head of the Commission and Retirement Commissioner, Jane Wrightson, said the time was right to push for getting rid of jargon, and replacing it with clear messages that would reach people from different cultural backgrounds.
She said the panicked response to Covid-19 was a wake-up call for the industry. ....

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New Zealand Financial Markets Authority Welcomes NZ Strategy For Financial Capability

New Zealand Financial Markets Authority Welcomes NZ Strategy For Financial Capability
Date
15/04/2021
The Financial Markets Authority (FMA) has welcomed the release of The National Strategy for Financial Capability, presented in Parliament today by the Minister for Commerce and Consumer Affairs, Dr David Clark.
The FMA collaborated with the Commission for Financial Capability (CFFC) on the development of the strategy and looks forward to continuing to work with the commission, and other organisations, to build New Zealanders’ financial capability.
....

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Reducing jargon will make financial information more accessible to all

Retirement Commissioner Jane Wrightson.
OPINION: Jargon is an obstructive beast. It blocks our access to knowledge and seems set to intimidate.
Jargon around money is particularly frustrating. Money is part of everyone’s day-to-day lives, and how we manage it is critical in being able to provide for our families, reach our goals and, ultimately, have the retirement we deserve. We should all have easy access to financial know-how, in language we understand.
Which is why an agreed glossary for everyone in the financial capability sector to use, to help make messages around money clear and motivating, is one of the first tasks a new umbrella group has set itself. ....

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A bid to boost money know-how - 15-Apr-2021 - NZ Business news

A bid to boost money know-how - 15-Apr-2021 - NZ Business news
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

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National Strategy for Financial Capability aims to simplify the language of finance

National Strategy for Financial Capability aims to simplify the language of finance
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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