Hector Sants' primary school savings club scheme backed

The government has agreed to back a pilot programme of the ‘Lifesavers' scheme in six schools in 2015, with a view to rolling it out to 100 schools over the next four years. The project is being led by the Archbishop of Canterbury's task group on responsible credit and savings, which is chaired by former Financial Services Authority chief executive Sir Hector Sants. It will also seek to introduce children to credit unions. Economic Secretary to the Treasury Andrea Leadsom said: "A key part of our long term economic plan is to secure peoples' financial futures. At a time when young ...