Ohio

Strong Need for Statewide Investor Education Push

COLUMBUS, OH – April 3, 2017 – Are you saving and investing for retirement? If not, you are far from alone in Ohio. A new survey shows that well under half (41 percent) of Ohio adults have a financial plan for retirement. That is a major reason why six in-state and national organizations – including the Westerville, OH-based Association for Financial Counseling & Planning Education® (AFCPE®) and the Ohio Commerce Department-Division of Securities – are joining forces today to announce the launch of the “Building the Bridge to Investor Education and Protection for Ohioans” program, featuring a number of elements, including community events in three metropolitan areas (Columbus, Cleveland, Cincinnati/Dayton) across the state.

The Public Policy Polling (PPP) survey of 738 Ohio adults was conducted March 20-22, 2017, and has a margin of error of plus or minus 3.6 percent. The other four sponsors of the “Building the Bridge” campaign are the Investor Protection Trust (IPT), the Investor Protection Institute (IPI), Detroit Public Television (DPTV), and the “When I’m 65” documentary and engagement program.

Launching in May, the ambitious “Building the Bridge” program will feature the airing of the DPTV documentary “When I’m 65” on Ohio public television, three community events (Columbus in May, Cincinnati/Dayton in July, and Cleveland in September) and pro bono financial counseling and planning. Read more…

Read the full event release here

Ohio Investor Education Survey results

Ohio Investor Education Survey Results

According to a survey conducted for the Association for Financial Counseling & Planning Education (AFCPE) by Public Policy Polling (PPP), few Ohio adults would use a windfall to save or invest for retirement. Only 24 percent of Ohio residents who got a “million-dollar windfall” would use most of the money to save or invest for retirement. Nearly a third (32 percent) would instead pay off debts and another three in 10 would share much of the money with family members. Read the full survey results here.

 

AFCPE

Building the Bridge to Investor Education and Protection for All Ohioans

AFCPE® Introduces an Ohio Investor Education Program
Designed to foster investor education and protection, by bringing together local professionals and organizations and linking Ohioans to educational resources, materials and professionals – financial counselors, educators, and planners –  so that they are better equipped to save, invest and plan for retirement. Download the Ohio Investor Education Program information (PDF).
 

Coming Spring / Summer 2017:

  • When I’m 65 Documentary airs on Public Television Stations statewide. View your local station schedule.

  • AFCPE hosts 3 Community Events across Ohio. Attendees will view portions of the film and engage in important discussions led by a panel of local experts.
  • Pro-bono financial counseling and planning services provided by Accredited Financial Counselor® (AFC®) and CERTIFIED FINANCIAL PLANNER™ (CFP®) professionals.

Screening Information

Columbus, May 19, 8:30am ET – Fawcett Center – RSVP
Dayton, TBD
Cleveland, TBD

 

Freelancers

Fraud Myths

Local & National Resources for Investors, Consumers & Community Based Organizations:

Association for Financial Counseling and Planning Education® (AFCPE®ensures the highest integrity of the personal finance profession by certifying, connecting, and supporting diverse professionals. Our comprehensive certification programs represent the highest standard for financial counseling, coaching and education. An Accredited Financial Counselor® (AFC®) can address immediate money challenges, create a plan to help you achieve your unique goals and help you build a sustainable foundation for long-term financial wellbeing. Find an AFC.

Consumer Action’s Managing-Money.org: A financial literacy clearinghouse featuring Consumer Action’s award-winning multilingual educational materials, headline news on personal finance topics and recommended publications created by other organizations and government agencies. The materials focus on financial services, sound financial planning and debt management, saving for emergencies and retirement and how to avoid frauds and scams.

FINRA Investor Education Foundation: The FINRA Investor Education Foundation developed these investor education modules to assist grantees and others with the creation of accurate, unbiased investor education materials. The Foundation permits free use of the copyrighted modules for non-commercial educational purposes only.

Investor Protection Trust: Saving and investing can be challenging.  The IPI Tools and Resources are designed to help you understand the process of investing so you can make smart financial decisions for you and your family.  The tools include booklets, trifolds, posters, and videos and are all designed to give you the information you need to prepare for a financially secure future.

Ohio Department of Commerce: Division of Securities: the state agency responsible for regulating the securities (investment) industry in Ohio, also provides valuable information and resources to help investors and consumers make informed decisions about their investments. Note: All resources are located under “Investors & Public” in website’s top navigation.

OSU Extension Family & Consumer Sciences Health Finances: Assisting families in improving both present and future economic well-being through financial education for individuals, families and professionals who work directly with individuals and families affected by economic challenges.

Take Charge Today: The University of Arizona: Founded on the idea that a university-based financial education outreach program can strengthen and extend the ability of schools and community organizations to improve the personal financial capabilities of young adults. Providing more than 75 free lesson plans.

The Women’s Fund of Central Ohio: Womenomics: Invest in women and girls, and change the world. The Women’s Fund believes, and research shows, that empowering women and girls impacts entire families and uplifts entire communities.