Abstract

Having sufficient levels of savings, assets and pensions is central to being financially included and secure. Many minorities and migrants experience labour market disadvantage, including unemployment and low earnings. Consequently, many find it difficult to build savings, assets or a decent pension for retirement. This leaves them vulnerable to the financial shocks and emergencies we all face and puts them at risk of poverty in retirement. This article starts from the market of remittances sent abroad by migrants and the correspondent legal framework - recently approved at European level - to survey other measures of financial inclusion taken in Italy to make better off the lives of migrants.