"Prevent Financial Fraud with the FSS Senior Finance Academy"

Preventing Financial Fraud and Digital Exclusion Among Seniors
Each Session Lasts 2 Hours, Held 4 to 6 Times per Program
Over 100 On-Site Training Sessions Conducted

The Financial Supervisory Service (FSS) announced on September 8 that it will launch the 'FSS Senior Finance Academy' to prevent financial fraud and address digital financial exclusion.

The 'FSS Senior Finance Academy' is a comprehensive financial education program tailored for seniors, covering a wide range of topics from asset management for a secure retirement, to digital financial practices, and methods to prevent financial fraud. The curriculum has been strengthened to include more participatory education, such as hands-on exercises and quizzes, taking into account the physical strength and concentration levels of older adults. Each session lasts two hours, with a total of four to six sessions in the program.

In particular, the FSS has differentiated educational content for people in their 50s and 60s and those in their 70s and 80s, considering variations in demand and financial competency among different age groups within the senior population. Lecture materials have been enhanced with more visual images, and practical exercises using individual workbooks have been reinforced.

Senior centers and welfare centers wishing to participate can apply through the FSS website from September 8 to September 18. The education period runs from September 28 to December 11. Applicants can select their preferred dates during the application process.

The program, which was first introduced in December of last year, provided a total of 103 on-site training sessions to 2,721 participants through June of this year. The FSS explained that it has revamped the program to offer age-specific content starting in the second half of the year, reflecting feedback from the field.

This content was produced with the assistance of AI translation services.