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NAIFA to Arm Members With Financial Literacy Classes

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The National Association of Insurance and Financial Advisors has come up with a response to concerns about Americans’ financial literacy: a one-hour financial literacy course that NAIFA members can offer in their own communities.

(Related: NAIFA Event Offers Food Kit Networking)

The Falls Church, Virginia-based group is introducing the financial literacy curriculum today in Tysons, Virginia, at the group’s ninth annual Success Summit meeting.

NAIFA members can use the court to teach consumers about personal finance.

NAIFA says its members are in a good position to improve financial literacy, because NAIFA members work with families and small businesses every day and can see the gaps in knowledge.

NAIFA members ”pursue their careers with the aim of helping others,” Kevin Mayeux, NAIFA’s chief executive officer, said in a comment about the new program. “If anyone can move the needle on Main Street USA financial literacy, NAIFA members can.”

NAIFA is asking members to offer the financial literacy course, and to add content to NAIFA’s new consumer-education website,

NAIFA says it’s creating the site to increase interest in insurance and financial services careers as well as to promote consumer financial literacy. Articles and videos on the site will give visitors a look at NAIFA members’ lives, and remarks from thriving NAIFA members about why those members are happy with their careers.

— Read 3 Ideas From State Regulators’ New Retirement Security Teamon ThinkAdvisor.

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