The Australian Securities and Investments Commission (ASIC) has launched a consultation on its new financial literacy strategy.

It follows last week’s National Financial Literacy Forum, which saw business, community, education and government groups discuss priorities for the 2014-2016 strategy.

“ASIC has taken a lead role in improving financial literacy in the community since the first financial literacy strategy was developed in 2011,” Deputy Chairman Peter Kell said.

“But the road to achieving significant change in Australians’ financial literacy levels is a long journey – one that will take at least a generation.”

“Significant progress” has been made over the past two years and the new strategy will build on this, ASIC says.

The consultation features a survey on ASIC’s website for organisations that fund or deliver financial literacy programs.

Interested parties can also file submissions to ASIC. Consultation closes on June 30.