pfeg Press Release - Teenagers encouraged to learn how to make long term financial plans for the future with new “Launch Your Life” resource

Source: pfeg

28 Oct 09

2070 Launch Your Life logo

Teenagers across the UK are being encouraged to think about making long term financial plans for the future at the same time as research suggests that  one in three 14-18 year olds associate retirement with health worries and one in ten associate it with poverty (pfeg online research conducted by Dubit October 2009).

The research also reveals that 45% of 14-18 year olds feel positive about their own finances when it comes to retirement, but a third are more likely to trust advice about pensions and retirement planning from family and friends than financial advisers and other sources.

This research coincides with the UK’s leading financial education charity, pfeg, (Personal Finance Education Group) launch of the first ever resource dedicated to helping young people think about their long-term financial future.  The interactive website, www.2070launchyourlife.org helps young people to achieve their future goals and aspirations by encouraging them to imagine what their lives will be like in 40 or 50 years time in order to develop a positive attitude toward long-term financial planning.

Girls with coins