The Institute of Financial Services (ifs) has attacked the government's strategy for introducing personal finance education into the curriculum.
The ifs says the Financial Services Authority’s (FSA) recent benchmark study of the state of personal finance education – which reveals less than a third of teachers feel confident providing personal finance education – shows the strategies, both present and proposed, are “piecemeal, unstructured and ad hoc”. The survey suggests in more than 70% of schools personal finance education is in the form of ‘occasional lessons’, and the ifs says plans for introducing it into the curriculum from 2008 as part of a ‘functional maths’ lesson will not improve the situation. It states: “The plan is ...
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