Media centre
Learn more about pfeg’s recent work in financial capability education
pfeg was set up in 2000 by a group of individuals, primarily from the finance sector trade associations, concerned that financial education was not being taught coherently in schools.
It is an independent charity with the mission of ensuring that all young people leaving school are equipped with the confidence, skills and knowledge they need in financial matters to take part fully in society.
How pfeg works
pfeg offers a range of resources and support to school leadership teams and teachers to enable them to deliver personal finance education in schools through effective lesson planning and delivery across the curriculum.
Regional consultants offer support and advice to schools based on their individual needs, working collaboratively with teachers to give them the confidence and ideas to deliver their own lessons. All of our work is free of charge.
Highlights of our work
- What Money Means is pfeg’s five-year programme, supported by HSBC, to increase personal finance education in primary schools. Already, more than 75% of 7-11 year olds are saving, showing their awareness of money issues. pfeg’s programme will build on these good habits by bringing financial education to 36 local authorities by 2011, enabling teachers to embed financial issues across the curriculum in a creative and engaging way
- Learning Money Matters is pfeg’s partnership with the Financial Services Authority to improve the quality and quantity of personal finance education across 4000 secondary schools in England, giving 1.8 million young people the opportunity to learn about money management in a way that works for them, using issues such as summer holidays, mobile phone tariffs and starting their own businesses
- My Money is pfeg’s new financial education programme run in partnership with EdComs, the PSHE Association and the National Children’s Bureau. It will start in 2008 and provides the first completely joined-up approach to financial education from when young people first start school to when they leave it. It is a key component of the Financial Capability Action Plan recently launched by HM Treasury and was commissioned by the Department for Education
- pfeg’s Use Your Expertise programme invites members of financial organisations to work directly with local schools, sharing their expertise in the community. pfeg provides support to both teachers and volunteers to get the best out of working together
- pfeg’s website links to more than 120 resources which are used by thousands of teachers to help introduce personal finance education in the classroom in everything from geography to English lessons. More than 50 of the resources are backed by pfeg’s highly rigorous Quality Mark accreditation scheme.
For more information
For any media enquiries, please email Marina Mello or call 020 7330 9483.
