CFA Society Cyprus Board Member and Chair of the Financial Literacy Committee, Marie Louroutziati, CFA, discusses the negative effect of financial illiteracy on society and how the lack of basic financial technology skills may exacerbate the problem with Economy Today, issue 96. She also argues that in order to convince financial consumers that any advice they receive from financial professionals is in fact in their best interest, the latter must be highly qualified, skilled and follow a set of ethical guidelines.

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