About pfeg
Our mission
pfeg (Personal Finance Education Group) is an independent charity helping schools to plan and teach personal finance relevant to students' lives and needs. Our mission is to ensure that all young people leaving school have the confidence, skills and knowledge in financial matters to participate fully in society.pfeg provides free support, resources and expert consultancy to teachers and school leadership teams. We do not offer a 'one size fits all' philosophy, and we know our approach works as more and more schools are coming to pfeg for support every day.
pfeg also works with government, opinion formers and key bodies with the aim of influencing education policy. We are not affiliated to any one organisation and do not market or sell any financial products or services.
Why we're here
pfeg was set up in 2000 in response to the lack of consistent financial education in schools and the financial complexities that today's young people will face as they grow up. Children and young people encounter money earlier and earlier, from spending and saving their pocket money to Child Trust Funds.On leaving school, student loans, becoming a wage earner and setting up home alone are just some of the issues they could face.
To make sense of the options open to them in adult life and become responsible consumers, children and young people need to learn to manage money - now.
Who we work with
pfeg receives cross sector support from education, business and government. We have partnerships with a variety of commercial organisations but prefer to work with a range of funders rather than one particular source. We will not work with any organisation wishing to promote or market financial products or services.
Our funders and supporters include financial sector trade organisations, banks and building societies, and consumer bodies. pfeg has forged successful partnerships with various organisations to fund specific resources and initiatives, but always retains independent status.
How we help
pfeg's consultants offer schools and their leaders bespoke support in planning and teaching personal finance - and it's free. pfeg's key achievements since 2000 are:
- setting up five regional offices across England supporting financial education in secondary schools under the Learning Money Matters initiative
- establishing a programme of financial education in primary schools - What Money Means - available to all primary schools in England by 2011
- providing over 140 teaching resources and case studies via the pfeg website, more than 60 of which have the pfeg Quality Mark as a trusted sign of excellence
- working with financial sector volunteers in bringing financial education into the classroom
- leading a consortium delivering the My Money programme of planned and coherent financial education in schools on behalf of the Department for Education.
