Financial education for all ages

Elizabeth Fournier
MOMENTUM in City A.M.’s financial literacy campaign is forging ahead, with more and more organisations keen to highlight the work that is already being done to promote financial education for the UK public.

Credit group MBNA, for example, has developed an initiative called Tackling Numbers in partnership with Premier Rugby. The programme is aimed at eight and nine year olds, and is designed to highlight the importance of numeracy through classroom sessions with rugby club representatives. The scheme wants to reach up to 30,000 children in UK schools to provide a foundation for better financial literacy in adulthood.

Older students are being catered for too, through its School of Finance qualifications in personal finance. Pitched at the equivalent level to either GCSE’s, AS or A levels, the exams were made available across the UK in 2006, with a total of 100,000 14-19-year-olds hoping to have gained the certificates by the end of this year.