event

Think Forward Initiative 2020 Summit

Takes place on 17th December - Registration Now Open!
Posted on October 27, 2020

From initiative to movement: help us achieve a financially healthy society.

The 4th edition of the TFI Summit will empower and connect change-makers from all around the world. Relevant solutions, the latest research, new ideas and creative thinkers… TFI Summit 2020 is set up to inspire change makers in collaborating and amplifying insights that can make (or are making) a difference in creating a financially healthier society.

17th December: REGISTRATION CLOSED

Attendees will be (virtually) a part of an important conversation around how research and innovation can help us to achieve a financially healthy society. Featuring keynote speeches, the latest research, a panel discussion and interactive sessions.

Below you will find the full program of TFI’s Summit, which will be broadcast live on December 17th, from 10:00 until ± 16:00 CET. Use the registration form below to register for the full broadcast and choose the sessions you’re interested in. Once registered, you will receive a personal link to the live broadcast on the day of the event.

Choose a masterclass you want to join (one session per round):

  • Round 1: Game: Poor for 1day – hosted by Nibud. Note: 1.5 hour, max 60 persons
  • Round 1: How to apply behavioural science in business – hosted by BehavioralEconomics.com
  • Round 2: Up for change! A platform initiated by the Dutch Ministry of Finance to enhance financially healthy consumer decisions – hosted by the Dutch Ministry of Finance
  • Round 2: How to Become a Financial Health Business – hosted by Marisa Walster from the Financial Health Network

Program

10:00 Welcome by the moderator Claudia Hammond

10:00 Setting the scene: defining financial health and TFI’s impact so far – with Pinar Abay (Head of ING Market Leaders) and Hans Honig (Chief Executive Officer at Deloitte Netherlands)

10:35 Keynote speaker: how to make a big impact – with Lord John Bird

11:05 What has been achieved so far? Presenting TFI’s vision and how it relates to the direct and indirect assets of TFI

11:40 From global to local & from holistic to specific

12:00 – 13:00 Break

Break-out sessions

Round 1:

Game: Poor for 1 day – hosted by Nibud. Note: 1.5 hour, max 60 persons.

How to apply behavioural science in business – hosted by BehavioralEconomics.com

Round 2:

Up for change! A platform initiated by the Dutch Ministry of Finance to enhance financially healthy consumer decisions

– hosted by the Dutch Ministry of Finance

How to Become a Financial Health Business – hosted by Marisa Walster from the Financial Health Network

14:55 – 15:15 Break

15:15 Plenary wrap up masterclasses – with Claudia Hammond

15:25 Final panel discussion: how to achieve a financially healthy society - with Pinar Abay, Hans Honig and Michael Haliassos

16:00 END OF SUMMIT

Learn more about our guest speakers here!

More About the Masterclasses

  • Game: Poor for 1day

Presenters - Natasja Popma & Micha Aarts

What kind of choices would you make when a debt collector was at your door? A simulation game, where you and a partner are put through the challenges that day to day people face when it comes to making financial decisions.

Discussion: After the game you join the other workshop members to discuss how you coped with financial stress and what impacts it had on you.

  • How to apply behavioural science in business

Presenters - Alain Samson, Julia Nafziger & Dennis Hummel

Corporations, institutions and governments are aware of the opportunity to change people’s behaviour for the better using behavioural insights. Tweaking the decision environment, called nudging, is a favorable technique for many. Although nudges can be very powerful, applying them without proper thought will most likely not solve the consumer problem. Nudges are not (always) as effective as we want them to be or can have unexpected side effects. In this session hosted by BehaviouralEconomics.com, we will hear two experts tell us more about the effectiveness of nudges and what we need to keep in mind when designing such behavioural interventions.

  • Up for change! A platform initiated by the Dutch Ministry of Finance to enhance financially healthy consumer decisions

Presenters - Rick Nijkamp, Martijn Hubers & Karolien van den Akker

For a long time it has been the prevailing view that people make appropriate and rational decisions when they are provided with the correct information. However, when people lack motivation they often make quick and intuitive decisions - meaning information isn’t everything. Organisations in the financial industry could help shape the decision context to support customers in making a well-considered decision.

In 2019 the Dutch Minister of Finance launched an initiative to promote research on behavioural insights and the application thereof in the financial industry. The aim of this initiative is to facilitate healthy consumer financial decisions. At this platform – the Action Plan Consumer Choices – financial organisations, consumer organisations and knowledge institutions collaborate to gain consumer insights and develop new ways to better design the consumer decision contexts. Participating organisations share and gain knowledge. At the quarterly meetings, organised by the Ministry of Finance, knowledge is shared, new ideas are pitched and collaborations are explored.

  • How to Become a Financial Health Business – hosted by the Financial Health Network

Presenter - Marisa Walster

Now, more than ever, financial health is top of mind for people and institutions. But there is reason for financial institutions to care about financial health beyond a crisis. People who believe their financial institution cares about their financial health are more likely to have longer, valuable customer relationships. The takeaway? Financial institutions have the opportunity to drive growth for their business while better supporting their customers, employees, and communities. In this introduction to the Financial Health Network’s FinHealth MAP, we will outline a framework for organisations to take the next step in becoming a financial health business.