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Sandler takes over education role from Godfrey

Ron Sandler, architect of the Treasury&#39s long-term savings review, is to become chairman of the Personal Finance Education Group as Daniel Godfrey steps down.

AITC director general Godfrey is stepping down from the PFEG after four years.

Sandler dismissed speculation that he would apply for the role of FSA chairman when outgoing chairman Howard Davies leaves in September to become director at the London School of Economics. Candidates had to apply for the FSA post by this week.

Speaking on the Today Programme on BBC Radio 4 this week, Sandler denied that he had any interest in the job of chief financial regulator.

He says he is “passionately committed” to his position at the PFEG.

His task will involve him bringing together the Government, the FSA, consumer bodies and teachers to devise ways to boost financial literacy and competence in UK schools.

Sandler&#39s goal will be to continue making the strides made by Godfrey, who is credited by PFEG chief executive Wendy van den Hende with improving the financial awareness of school-leavers.

She says: “I am looking forward to working with Ron to develop PFEG&#39s work. I would like to thank Daniel, whose valuable support, drive and vision have been extremely helpful.”

Sandler says: “The delivery of personal finance education in schools has to be at the heart of any sustained programme to improve financial literacy standards. Creating successive generations of financially aware young people will bring enormous benefits.”

Simpsons of Brighton IFA partner Andrew Merricks says: “There were probably a limited number of suitable candidates so the appointment of Sandler is as good as one could hope.”


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