Japanese survey throws light on financial education problem

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The Bank of Japan

Japan's Central Council for Financial Services Information, which includes the Bank of Japan (BoJ), is calling for better financial education in the country after a survey identified a range of issues and showed the country lags behind the US, UK and Germany in understanding financial matters.

The council conducted the country's first "large-scale" study of financial literacy, gathering results online from around 25,000 individuals aged 18–79, with some questions structured in order to be

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