Rethinking the need for financial literacy - a solution in search of a problem
Newspapers, commissions and regulators are all calling for more openness and transparency in the investment industry. A recent newspaper article from their lead business columnist in the Globe & Mail newspaper (affectionately nicknamed the “Gob & Maul”) has blamed people for their own laziness and ignorance about their financial knowledge and financial literacy.
While the journalists are ranting about the ignorance of their own readers, here is a very interesting video well worth watching that sort of turns that argument on its head.
Malcolm Hamilton [3] asks the question; What if people just aren’t all that interested in financial things?
[3] Malcolm Hamilton is a pension consultant and partner with Mercer.
Click on this link:
[Editor’s note: if the video presentation stutters, let it download entirely and slide the “slider” back and play the video again.]
