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The Financial Literacy Gap For Insurance

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Manage episode 380535623 series 2437949
Content provided by Insurance Tomorrow and Allianz UK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Insurance Tomorrow and Allianz UK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It seems we have a big problem with financial literacy in the UK. More young people struggle with simple calculations, and a recent survey for Allianz said even adding up basic change was an issue many struggle with. We explore what this means when it comes to buying insurance, why people are so bad at calculating risk, and whether it would help if financial education is changed in schools.

To find out why there is a higher concentration of high financial literacy amongst the older generations, and more so for men, our host - Steph McGovern - is joined by:
Patricia Pelayo Romero, an economist with Allianz John Jerrin, a Professor of Education and Social Statistics at UCL

See omnystudio.com/listener for privacy information.

  continue reading

50 episodes

Artwork
iconShare
 
Manage episode 380535623 series 2437949
Content provided by Insurance Tomorrow and Allianz UK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Insurance Tomorrow and Allianz UK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It seems we have a big problem with financial literacy in the UK. More young people struggle with simple calculations, and a recent survey for Allianz said even adding up basic change was an issue many struggle with. We explore what this means when it comes to buying insurance, why people are so bad at calculating risk, and whether it would help if financial education is changed in schools.

To find out why there is a higher concentration of high financial literacy amongst the older generations, and more so for men, our host - Steph McGovern - is joined by:
Patricia Pelayo Romero, an economist with Allianz John Jerrin, a Professor of Education and Social Statistics at UCL

See omnystudio.com/listener for privacy information.

  continue reading

50 episodes

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