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Skills requirement survey: financial sector values self-directionhttp://www.finanssiala.fi/en/news/Pages/Skills-requirement-survey.aspxSkills requirement survey: financial sector values self-direction19.9.2018 11:00:00<div class="ExternalClassEE3C3D760E8548CA97789ABBE4D5CB4F">​According to the Financial Academy's survey, self-direction skills will gain the most importance in the Finnish financial sector in the future. The survey drew 650 responses from financial sector experts, students and teachers. The Financial Academy conducted the survey as one of several ways to predict the future and determine the types of training employees and students should receive.<br><br></div>1

 

 

FFI’s Kivisaari appointed the new chairperson of the Actuarial Association of Europehttp://www.finanssiala.fi/en/news/Pages/FFI’s-Kivisaari-appointed-the-new-chairperson-of-the-Actuarial-Association-of-Europe.aspxFFI’s Kivisaari appointed the new chairperson of the Actuarial Association of Europe25.9.2018 10:06:00<div class="ExternalClass6C5CA806F7364CB1B3E75BA1B5CEE564"><p>​<strong>Esko Kivisaari, deputy managing director at Finance Finland (FFI), begins his term at the helm of the Actuarial Association of Europe (AAE). Kivisaari has previously acted as the AAE's vice-chair.</strong></p></div>4

 

 

Investment adviser exams now readily availablehttp://www.finanssiala.fi/en/news/Pages/Investment-adviser-exams-now-readily-available.aspxInvestment adviser exams now readily available10.10.2018 12:15:00<div class="ExternalClass488DA58BE8A14A67944B54850263A9F7"><p>​<strong>The Finnish investment services exams can now be taken at libraries at a time of the candidate's own choosing. Finance Finland (FFI) recommends that everyone working in investment services in its member companies should complete the General Securities Qualification (APV1). Supervisors and those working in expert advisory and management positions should also complete the more extensive Investment Adviser Qualification (APV2).</strong></p></div>5

 Recent Statements in English

 

 

Joint Nordic comments on the EP proposal on covered bondshttp://www.finanssiala.fi/en/statements/Joint_Nordic_Comments_24092018_on_EP_proposal_on_covered_bonds.pdfJoint Nordic comments on the EP proposal on covered bonds23.9.2018 21:00:00
Consultation on Initiative on an integrated covered bond frameworkhttp://www.finanssiala.fi/en/statements/FFI_Comments_16052018_on_Commission_covered_bonds_proposal.pdfConsultation on Initiative on an integrated covered bond framework15.5.2018 21:00:00
Consultation Paper on a Hybrid Methodology for Euriborhttp://www.finanssiala.fi/en/statements/FFI_response_15052018_EMMI_consultation_on_euribor_hybrid_methodology.pdfConsultation Paper on a Hybrid Methodology for Euribor14.5.2018 21:00:00

 News

 

 

Investment adviser exams now readily availablehttp://www.finanssiala.fi/en/news/Pages/Investment-adviser-exams-now-readily-available.aspxInvestment adviser exams now readily available10.10.2018 12:18:4810.10.2018 12:15:00
FFI’s Kivisaari appointed the new chairperson of the Actuarial Association of Europehttp://www.finanssiala.fi/en/news/Pages/FFI’s-Kivisaari-appointed-the-new-chairperson-of-the-Actuarial-Association-of-Europe.aspxFFI’s Kivisaari appointed the new chairperson of the Actuarial Association of Europe25.9.2018 12:04:2725.9.2018 10:06:00
Skills requirement survey: financial sector values self-directionhttp://www.finanssiala.fi/en/news/Pages/Skills-requirement-survey.aspxSkills requirement survey: financial sector values self-direction20.9.2018 8:51:5119.9.2018 11:00:00
Financial sector increases transparency in its climate workhttp://www.finanssiala.fi/en/news/Pages/Financial-sector-increases-transparency-in-its-climate-work.aspxFinancial sector increases transparency in its climate work21.9.2018 11:01:2312.7.2018 15:09:00
OP Group returns to the foldhttp://www.finanssiala.fi/en/news/Pages/OP-Group-returns-to-the-fold.aspxOP Group returns to the fold11.7.2018 13:04:4220.6.2018 10:41:00
The Commission delivers three law proposals to promote sustainable financehttp://www.finanssiala.fi/en/news/Pages/The-Commission-delivers-three-law-proposals-to-promote-sustainable-finance.aspxThe Commission delivers three law proposals to promote sustainable finance20.6.2018 10:48:0931.5.2018 15:04:00

 Column

Insurance literacy, the ignored branch of financial literacy

Esko Kivisaari - Jussi Karhunen, 19 April 2018

When discussing financial literacy, talk typically turns to over-indebtedness, reckless spending and poor budgeting skills. At the more advanced level, concern is commonly voiced over people's lack of investment skills and courage. Discussion usually ignores insurance literacy, which is only rarely considered a financial skill. Wrongfully so: costs can skyrocket and thus seriously rock personal economy if a risk becomes unfortunate reality for the uninsured.