Ifs attacks PF education strategy

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 i...