View more on these topics

Comment of the week: Making a difference in schools

I am a banker by profession who retrained as a teacher 10 years ago. Ever since, I have been teaching financial capability qualifications in a further education college.

I feel passionately about the importance of this type of education and could give you countless examples of the very real and positive impact this can have on a young person’s life. Money management requires relatively simple numeracy to be effective.

The overwhelming majority of my learners say they think these types of classes should start much earlier as some of them have already developed some unhealthy attitudes towards money by the time they reach 16.

We are too reactive to providing advice and guidance to people who find themselves in debt. Let’s be proactive and educate young people properly so they do not find themselves at the mercy of payday loan companies in the first place.



Charles Stanley Direct unveils D2C platform pricing

Charles Stanley Direct has unveiled its charging structure for its new D2C platform which launches this week. Investors will be charged 0.25 per cent per annum on all commission-free funds for the first £500,000 invested, with the figure falling to 0.15 per cent per annum on a balance in excess of £500,000. The platform says […]

Large fund firm ‘dogs’ respond to Bestinvest criticism

Scottish Widows Investment Partnership (Swip) has been named as the worst offender in the latest Bestinvest ‘Spot the Dog’ report and is joined by peers BlackRock, Baillie Gifford, F&C and Jupiter. To find out how the groups reacted to their inclusion in the ‘dog’ list, see below: Scottish Widows/Swip The group had four funds included […]

Final salary pensions close at record rate

Final salary pension schemes have closed to new members at the fastest rate on record, according to research carried out by the National Association of Pension Funds. A survey of 280 NAPF members, covering 1,018 pension schemes with nine million members, reveals just 13 per cent of final salary schemes were open to new staff […]

NAPF: Pensions regulator must relax rules to manage QE impact

The National Association of Pension Funds is calling for The Pensions Regulator to relax its rules governing pension deficits to allow funds to deal with the effects of quantitative easing. The Bank of England has spent £375bn on gilts since 2009, pushing down gilt yields which inflates DB scheme liabilities. The move has led to […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm