pfeg set to merge into Young Enterprise
pfeg (Personal Finance Education Group), the leading financial education charity, is set to merge in to Young Enterprise, the UK’s largest enterprise education charity.
The proposed merger is part of ambitious plans to benefit thousands more young people across the country, coming as enterprise education is pushed higher up the Government’s agenda following the publication of Lord Young’s Enterprise for All report, and financial education joins the National Curriculum for secondary schools in England in September.
The proposal has been welcomed by Lord Young, Enterprise Adviser to the Prime Minister.
Lord Young said: “It has never been more important to ensure that all young people gain the skills they need to achieve their aspirations.
“Both Young Enterprise and pfeg have an excellent track record in improving the skills of young people in this country – and their merger will enable them to make an even bigger contribution towards that goal. I wish them every success in their new joint venture.”
- Why is pfeg set to merge into Young Enterprise?
We are both the UK’s leading charities in our respective fields – enterprise education and financial education – and began talking about how we could work more closely together last year through the Take Charge movement. We are merging because we believe we can reach more young people, and make more of a difference to their futures, together.
- What will the new organisation be called?
The new organisation will be called Young Enterprise, with pfeg’s name and brand being maintained as a sub-brand.
- How will this affect each organisation’s programmes and services?
The full range of programmes and services at both charities will continue. The merger will simply mean that schools and other settings will have the benefit of access to programmes and services from both charities – and as financial education and enterprise education are so closely related, we believe this will significantly improve outcomes for young people.
- Where can I find more information?
If you have any queries about the merger please don’t hesitate to contact Sharon Davies, Young Enterprise COO on Sharon.firstname.lastname@example.org