Oct 30 2006
The Financial Services Authority (FSA) has announced a partnership with Teacher's TV to provide programming to improve personal financial education in schools.
Consisting of four programmes, two designed as teaching aids and two intended to improve teacher confidence, the Financial Capability series aims to provide children with sufficient financial education in as part of their schooling.
The plan is an addition to the FSA's existing Learning Money Matters, with 278 schools signing up to the initiative.
Vernon Everitt, director of Retail Themes for the FSA, said that the collaboration was an "excellent way" to raise the status and profile of personal finance education.
"Helping teachers feel capable and confident in delivering lessons on practical financial matters is a key element in ensuring that tomorrow's adults can manage their finances well," he said.
The FSA states that personal finance education in schools is the most promising prospect for instilling a basic understanding of financial matters in children.
