The CFPB has published a notice in the Federal Register indicating that it is planning to conduct a “Financial Well-Being National Survey.”
In the notice, the CFPB states that through its prior research, it has determined that improvement in consumer financial well-being is the ultimate goal of its financial literacy initiatives. To inform its identification and development of financial literacy strategies that seek to improve consumer financial well-being, the CFPB plans to conduct a nationally representative survey to measure adult financial well-being and related concepts, and to oversample adults age 62 and older to gather additional data relevant to the needs and experiences of older consumers.
Comments are due on or before January 25, 2016.