LifeSearch lobbies Downing St for finance in schools

Scott Sinclair
clock

A petition calling on the Government to introduce personal finance lessons in schools has been launched by LifeSearch.

The IFA has logged the petition on the Downing Street website and it has already received dozens of signatures. "Is it any wonder we have a mountain of personal debt when we can open a bank account at 16 without having the slightest clue what it means to save?, LifeSearch policy adviser Matt Morris says. "It seems a no-brainer that personal finance lessons - such as how to manage debt, how mortgages and pensions work, the need for financial protection, how to save and invest your money - should be taught at an early age." A review of the curriculum in primary schools earlier this y...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read