How pfeg is funded
pfeg is an independent charity which gets its funding from a variety of supporters in government, the statutory sector and in business. We are not affiliated to, or led by, any one organisation and do not, in any way, market or sell financial products or services.
Current partnerships
- pfeg Quality Mark – pfeg has been fortunate in receiving support over the last decade from Prudential plc. In addition to supporting the Quality Mark, accreditation for personal finance teaching resources, Prudential has also hosted events and public affairs roundtables.
- What Money Means – the funding from HSBC for this five year project has transformed the way that primary schools teach money matters.
- Use your expertise – the Institute for Chartered Accountants in England and Wales has continued its original start up funding for matching volunteers from the finance sector to schools. Other partners include the Personal Finance Society and Rathbones Investment Management.
- 'Developing the Financial Skill and Participative Budgeting of Young People' is an initiative funded by the Welsh European Funding Office (WEFO), led by pfeg with its partners EdComs and Youth Cymru. This project aims to aid the development of financial skills and decision making by young people in Wales through developing resources, training and by piloting opportunities for young people to be involved in financial decision making at personal, local and national levels.
- Santander started supporting pfeg in 2009 and funded the development of a resource aimed at the 14-19 age group; ‘Money Works it’s your business’. Santander have now pledged some further funding for the development of a new resource for young people.
- JP Morgan - the ‘Student Retention Project’ is a pilot project that runs until February 2012. It aims to equip young people entering further education at either a college or 6th Form with the knowledge, skills and confidence to be able to handle and plan their finances while studying in order to keep them engaged in full-time education. The pilot project is focussed in Lewisham and Lambeth areas in London and includes the developing an interactive learning resource and subsequent structured learning delivered by the School or college.
- Forum meetings – hosts for 2011 were Association of British Insurers, Clifford Chance, Money Advice Service. Hosts for 2012 include Standard Life and Barclays.
Further details of ongoing partnerships and projects can be found in the Our work in education section.
Previous partners
We are very grateful to the following organisations who have sponsored specific projects, the results of which are still available through www.pfeg.org:
- AEGON UK – 2070 Launch Your Life
- The Share Foundation – Looked after children
- Financial Services Authority (then CFEB and Money Advice Service) – Learning Money Matters - a five year programme of support for secondary schools, and a resource for functional skills - Let's Get Functional
- Department for Children Schools and Families (now Department for Education) – a strategic three year project to promote high quality financial education across English schools, elements of which included Centres of Excellence and My Money Week.
Key supporters
Current funders of pfeg initiatives include:
- Association of British Insurers
- The Association of Investment Companies
- Barclays PLC
- British Bankers' Association
- Building Societies Association
- Capital One
- Which?
- HSBC Bank plc
- ICAEW
- Investment Management Association
- JP Morgan
- Prudential plc
- Santander
- The Royal Bank of Scotland Group
- The Share Centre
- Welsh Government

