TORONTO, Feb. 9 /CNW/ - The Investment Industry Association of Canada
(IIAC) welcomed today's release of the Final Report of the Task Force
on Financial Literacy, and supports its proposed national strategy to
improve financial literacy in Canada.
"We are pleased to see recommendations proposing the appointment of a
dedicated national leader and a collaborative process that will include
all stakeholders," said Ian Russell, President and CEO, IIAC. "There is
a need for greater co-ordination to ensure that Canadians can benefit
from the multitude of financial literacy programs that exist."
The IIAC also commends the Task Force for recognizing the value of
professional financial advice to assist Canadians in their financial
decisions. "We strongly agree with the Task Force recommendation that
the federal government should build consumer awareness of the
importance of working with a registered financial professional. Greater
financial literacy includes knowing how to seek a qualified
professional and fully derive the benefits of financial advice."
The Investment Industry Association of Canada (IIAC)
The Investment Industry Association of Canada (IIAC) is a member-based
professional association that advances the growth and development of
the Canadian investment industry. The IIAC acts as a strong, proactive
voice to represent the interests of our member firms, which range in
size from small firms to large organizations that employ thousands of
individuals across the country. Our members work with Canadians to help
build prosperity and investment security for investors and their
families. For more information, please visit www.iiac.ca.
SOURCE Investment Industry Association of Canada (IIAC)
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