ifs welcomes call for finance in schools

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The ifs School of Finance has welcomed calls by the FSA to make financial education a mandatory part of the school curriculum.

FSA chief executive John Tiner says students should have the option of studying for a qualification in personal finance in the same way as they are able to learn subjects such as history, geography and foreign languages. “To create a more self-standing society in the future, young people will need basic levels of financial competence as they make key money decisions earlier in their lives and I would hope that Ed (Balls), in his new role as Secretary of State for Children, Schools and Families, will be able to ask his new colleagues to find room for financial education on the mandatory cor...

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