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Personal finance needs more time in classroom

Van den Hende says pfeg is already working to integrate personal finance education within the teaching of maths through a project funded by the DfES. As a pilot scheme, it will run within five UK schools and will provide a framework to potentially roll-out amongst all schools.
She says: “Over the next few months pfeg are hosting a series of events across the UK to urge more schools to recognise the importance of teaching money skills, and will offer teachers guidance on the best methods for teaching this.
“Financial secretary to the Treasury Ruth Kelly will be outlining her views to the North West of England, including those in her Bolton constituency, of how the government will be working closely with pfeg in the future, particularly to assess if any further support is needed to ensure that children engage fully with their Child Trust Funds.”

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Guide: reporting to the Pensions Regulator — what and when?

Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.

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