Financial education to join school curriculum in 2007

Although details have yet to be finalised, initial plans suggest financial planning lessons will be introduced at year 11, to begin in September 2007, as part of a wider strategy to prepare 15 and 16 year olds for adult life. The curriculum would include lessons on pensions and savings as part of the government's attempt to change the current 'spend now, save later' financial culture in Britain. Further negotiations are taking place between the Department for Work and Pensions and the Department of Education and Skills, however sources say while the DWP is keen to see some form of fina...