IFAs welcome finance in schools plan

clock

Government plans to teach financial planning in schools have been welcomed by the adviser and investment community.

Curriculum guidelines set to be published on Thursday by the Qualifications and Curriculum Authority (QCA) will require schools to teach a subject called Economic Well-being from September. It will be taught through an existing subject - Personal, Social and Health Education (PSHE) - alongside work-related learning, careers and enterprise, to children from the age of 14. The move follows fears young people know little about finances, spurred on by rising student debt. Duncan Philp, senior consultant at IFA firm Macbeth Currie, says teaching finance to young people would help stem the “ho...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA urged to prioritise a 'common sense' approach

FCA urged to prioritise a 'common sense' approach

Last week’s PA Asks poll highlights industry’s thoughts on the FCA

Sahar Nazir
clock 25 March 2024 • 2 min read
Advisers overlooking younger clients over asset value bias

Advisers overlooking younger clients over asset value bias

'Young people need to have access to trusted advice'

Sahar Nazir
clock 22 March 2024 • 1 min read
Financial advice crucial as near-term challenges remain

Financial advice crucial as near-term challenges remain

'A good IFA has rarely been more valuable'

Ahmed Bawa
clock 22 March 2024 • 4 min read