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...
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