The government decided at a cabinet meeting on the 14th to revise the law to establish a new authorized corporation "Institution for Promotion of Financial and Economic Education" to promote financial education for a wide range of generations.
The Financial Services Agency will expand the preferential tax system "NISA" for individual investors from next year, but it is an issue to have a wide range of generations acquire knowledge about investment and asset building.
Against this backdrop, the government plans to establish the Organization for the Promotion of Financial and Economic Education within the next year as a core organization responsible for financial education. Decided.
In addition to transferring the functions of the Central Committee for Financial Information, which the Bank of Japan serves as the secretariat and is working on financial education, we will also seek cooperation from industry groups such as banks and securities.
Furthermore, we will create a system to certify “advisors” who advise individuals on asset building from a neutral standpoint.
The government intends to pass the bill in the current Diet session.