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Gavin Oldham backs financial education for young people
As the petition for compulsory financial education for young people reached 100,000 signatures Gavin Oldham, chief executive at The Share Centre, welcomed the development.
“Yesterday afternoon the financial education petition broke through the all-important 100,000 signatures level, opening the way to a parliamentary debate on making financial education a compulsory part of the school curriculum.
“This milestone is hugely significant to improving the financial capability of the future generation in the UK. It is very much in the interest of the financial services industry to serve better informed investors and customers and we would welcome proposals for more industry-based funding to make financial education in schools a reality.
“We now look forward to an early announcement from the Government that it will make time in the parliamentary timetable for the debate. Justin Tomlinson’s large All-Party Parliamentary Group should make this a well-attended occasion with widespread support, reflecting the views which have been so broadly and swiftly confirmed in the petition.
“The Share Centre is particularly active in its support for financial education for young people. Support includes its sponsorship and board representation of Personal Finance Education Group pfeg, its broad range of children’s investment accounts, including its new Junior ISA which will be launched tomorrow, and its Shares4Schools competition which started its eighth year of operation for sixth form students on 10 October.”
Gavin Oldham
31 October 2011
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Back2011-10-31 18:57:36 © Moneyextra.com