04/06/2026 | Press release | Distributed by Public on 04/06/2026 08:55
On April 3, CFP Board submitted a comment letter to the Department of the Treasury's Financial Literacy and Education Commission (FLEC) outlining the need to modernize the U.S. National Strategy for Financial Literacy. CFP Board urges the FLEC to address the complexities and challenges of today's economy, leverage opportunities created by new products and accounts, and prepare consumers to identify and combat ever-increasing and sophisticated financial frauds, scams and exploitation.
We know that financial literacy alone does not improve well-being - knowledge must be applied to achieve financial security. CFP® professionals bridge this gap by translating theory into personalized, actionable plans that keep the best interest of consumers front and center. The National Strategy must evolve to recognize the essential role of personalized, professional financial advice in helping Americans navigate an increasingly complex financial landscape.