Govt's finance in schools plans slammed

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The ifs School of Finance has called on the Government to drop "any reference" to personal finance from schools' maths curriculums.

The financial education charity points to what it calls an increasing body of evidence suggesting combining maths and financial education is a "fundamentally flawed" approach to raising levels of financial capability. It has also urged the Government to cease referring to the new functional maths GCSE – set to be introduced in September 2010 - as enabling students to master the basics in personal finance, arguing it "will do no such thing”. The ifs School of Finance says the Government should add a standalone qualification in personal finance to the school curriculum in the UK. It sa...

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