FSS to Launch Senior Financial Academy to Prevent Financial Fraud Among the Elderly
by Lee Changhwan
Published 20 Oct.2025 06:00(KST)
Updated 20 Oct.2025 13:45(KST)
Applications Accepted Until November 14 at Senior Centers and Welfare Facilities
Financial Experts to Provide On-Site Education
The Financial Supervisory Service announced on the 20th that it will launch the "FSS Senior Financial Academy" to prevent financial fraud targeting the elderly and to address digital financial exclusion resulting from changes in the financial environment.
The Financial Supervisory Service explained that the academy is being established in recognition of the fact that the elderly are at higher risk of falling victim to financial fraud and voice phishing, and often face difficulties using mobile banking and smartphones. There is a need for financial education tailored to the needs of seniors, delivered directly to them.
The academy will cover a variety of topics, including asset management for a secure retirement, digital finance, and methods to prevent financial fraud. Taking into account the characteristics of seniors, such as reduced physical strength and concentration, the program will be designed with hands-on activities, quizzes, and other engaging, senior-friendly content.
From today until November 14, education coordinators at senior centers and welfare centers can apply through the Financial Supervisory Service's "e-Financial Education Center" website.
Participants can choose from lectures, educational videos, or textbooks, depending on their preference. Starting in December and continuing through June of next year, financial experts will visit each senior community to provide the lectures.
A representative from the Financial Supervisory Service emphasized, "We plan to continuously promote senior financial education to enhance digital financial accessibility for the elderly and to prevent financial fraud."
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