PFS calls for compulsory school finance lessons

The IFA lobbying describes education in schools is a "key element to the financial welfare of the nation". The Qualifications and Curriculum Authority (QCA) is this week expected to outline plans for schools to start teaching a subject called 'Economic Well-being' to children from the ages of 14. Pupils will learn to manage their money, understand risk and reward as well as learn how money can be made through savings, investment and trade, but the class will not be compulsory. However, Paul Lothian, director of the PFS, says this would be a mistake. "I was disappointed to learn ...