Further evidence of financial education gain

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Younger people do benefit from education specifically targetting financial capability, initial research results into the area by the University of Manchester suggest.

Reviewing the perceived performance and measurable factors linked to the experience of 14-19 year olds taking the ifs GCSE, AS and A level examinations, the university suggests it has made a marked difference to their ability to manage personal financial affairs. The interim results of the resarch are based on a three-year study into those who have done the courses. The ifs says the findings lend further weight to the need for policy initiative to take personal finance education beyond the governement's current proposals for a few hours attached to the mathematics curriculum. The T...

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