Karen Barrett, Chief Executive of unbiased.co.uk, comments on the decision to introduce financial education as part of the national curriculum:
“It is great news to see that financial education now forms part of the school curriculum for the first time ever. We all know how important it is for us to be better prepared for our financial future, whether it is short or long term savings or protection products, to name just a few areas! And the first step towards being better prepared is to empower people with knowledge. Knowledge to recognise that it is in our hands to take control of our finances and knowledge of where to turn to if we need help and advice on finance matters. Recognising the need and value of financial advice at key stages in our lives is an important stage in getting us all more engaged in our finances.
“Independent financial advisers are already experts at financial education: it is part of their day to day dealings with their clients and it is a big part of the role an adviser plays – helping to make sense of complex financial situations and offering solutions tailored to the individual needs of their clients. We hope that clear guidance and information on the benefits and different forms of financial advice will be part of this new financial education initiative.”
ENDS
For more information contact:
Anna Schirmer/ Emily Falla/ Maddy Morgan Williams, Lansons Communications: 020 7294 3682
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