WMM frequently asked questions

What Money Means: your questions answered

Which local authorities are involved so far in What Money Means?

  • The programme launched in 2007, working with these authorities: Bolton, Cambridgeshire, Coventry, Essex, Hartlepool, Hertfordshire, Medway, Tower Hamlets
  • in the 2007/8 academic year the following joined: Brighton and Hove, Camden, Gloucestershire, Hampshire, Norfolk, Sunderland, North Yorkshire and Wigan
  • in the 2008/09 academic year the following authorities will take part: Bristol, Calderdale, Cheshire, Kent, Lancashire, Merton, Plymouth, Waltham Forest
  • by 2011, 12 more local authorities in England will be involved. Details will be posted at this website.

I am from a school or local authority, how do I get involved?

The materials produced through the project are now available to anyone interested in developing financial education in primary aged children. In local authorities where pfeg consultants are developing What Money Means there is some capacity to support primary schools directly, but the amount will depend on the approach adopted by the authority.

If you are from a local authority or a teacher in a school not yet part of the project, please contact Sara Passmore.

How can HSBC volunteers and schools involved find one another?

If you are an HSBC employee and would like to support a local primary school please visit the HSBC intranet for details of how to register your interest. If you are a teacher and would like the support of an HSBC volunteer then please register online or call 020 7330 9470.

Who are pfeg consultants?

pfeg uses a number of trained employed, certificated and freelance consultants that have expertise in working with teachers to develop personal finance education. Most pfeg consultants come from an education background and have been teachers, head teachers or Ofsted inspectors, or have worked with other statutory bodies in the past. Training, certification and ongoing feedback ensure that consultants are working to the highest standards.

Why is What Money Means only working in England at the moment?

The differences in the curriculum between England, Northern Ireland, Wales and Scotland, and the level of funding available, means that What Money Means is currently providing consultant support to a limited number of local authorities in England. pfeg is exploring ways of What Money Means working across the UK and the materials created through the project are available to everyone.

Are you measuring the success of What Money Means?

Teachers involved in the project have reported improvements in the pupils' skills and that their own expectations about pupils' ability to achieve have been significantly raised.

The whole What Money Means project will be subject to systematic and ongoing evaluation from an independent external evaluator. We  also obtain regular feedback on the impact and effectiveness from pupils and teachers. We change our approach and develop solutions quickly and sensitively in response to any problems or concerns which are identified.

How do I find out more?

For more information, please contact Sara Passmore, pfeg Projects Coordinator, tel: 020 7330 9478.