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School of thought on personal finance

Personal finance is set to be taught to secondary school pupils under a new programme set up this week by the Personal Finance Edu-cation Group with the endorsement of FSA chairman Howard Davies.

The Excellence and Access campaign will see 128,000 children in 400 secondary schools get personal finance education over the next four years. It will be aimed at pupils aged between 11 and 16, starting with basic ideas such as repaying credit cards and mortgages. As they get older they will be introduced to more complicated concepts such as equities and how to seek out financial advice.

AITC director general and PFEG chairman Daniel Godfrey says: “Excellence and Access will give young people the confidence to make independent and informed decisions.”


Take a closer look

Television tells us many things that the printed page can&#39t. Seeing your fund manager in the flesh explaining his bottomquartile performance gives another window into whether you have confidence in his ability to turn things round over the next year.A number of online operations are targeting IFAs with a new information service offering just this […]

PIA expels IFAs

The PIA has expelled IFAs Allied Anglo Financial Services of The Old House, White Heath, Ashford Road, Hollingbourne, Maidstone, Kent and Weybourne Financial Services of Weybourne House, 15 Aylesbury Road, Wendover, Buckinghamshire. The two firms are no longer authorised to conduct investment business they no longer meet the FSA&#39s financial resources requirements. Allied Anglo was […]

The rules of the race

The FSA&#39s new mortgage rules should be underpinned by the principle that regulation is appropriate only if it provides benefits to the consumer and does not place an unacceptable burden on the industry.It should seek to provide “baseline” protection for consumers while still allowing providers and brokers the freedom to compete in the services and […]

Jupiter boosts multi-manager credentials

Jupiter propelled itself into the top flight of multi-manager providers last week as it acquired the independent managed funds business of Lazard Asset Management.The deal, for an undisclosed sum, will bring an extra £250m of assets to the group and will reunite Jupiter&#39s funds of funds team, led by John Chatfeild-Roberts, with the funds they […]


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