APPG on Financial Education

Our work with government and policy makers and the work of the All Party Parliamentary Group on Financial Education for Young People resulted in the addition of financial education to the curriculum of every secondary school.

We work with parliamentarians and the civil service to ensure that financial education is raised frequently in the House of Commons – working with individual parliamentarians, Select Committees and All Party Parliamentary Groups providing information and briefings for debates and parliamentary questions.

 

The APPG Group on Financial Education for Young People

Young Money (formerly pfeg) provides the secretariat for the popular All Party Parliamentary Group on Financial Education for Young People. The group currently chaired by Julian Knight MP, launched in January 2011. It has since grown to be one of the largest groups of its type within parliament, with almost 200 members and a raft of supporting organisations. The purpose of the group is to provide a medium through which MPs, Peers and organisations with an interest in financial education, can:

• Discuss the current provision of financial education in schools and colleges
• Ensure young people are equipped to make informed financial decisions
• Help make resources and qualifications available to young people in education
• Support schools in the delivery of financial capability
• Encourage the introduction of a requirement on schools and colleges to provide financial education

 

Parliamentary inquiries

All Party Parliamentary Group on Financial Education for Young people launches enquiry into children in care and financial education. Download the inquiry specification

With financial education introduced into the English secondary national curriculum, the APPG held an inquiry into the impact and effectiveness of financial education. The inquiry is the first of the new Parliament and was published in May 2016. Find out more and read the report

To complement the inquiry into Financial Education and the Curriculum, the Further Education strand also launched an inquiry into the provision of financial education in further education institutions. The report was published in September 2012. Find out more and read the full report

The Primary and Secondary strand of the group launched an inquiry into Financial Education in the Curriculum in March 2011. The inquiry report was launched in December 2011. Find out more and download the report

 

Supporters of the APPG’s aims

Supporters of the aims of the group range from MPs and financial education organisations to key personal financial experts:

•ABCUL
•Action for Childen
•AEGON UK
•AQA
•ASDAN
•Association of British Insurers
•Association of Business Recovery Professionals
•Association of Colleges
•Association of Teachers & Lecturers (ATL)
•Bank of America Merrill Lynch
•Barclays Bank PLC
•Barclays Wealth
•British Bankers’ Association
•British Youth Council
•Carleton Financial Planning Ltd
•Capital One Bank (Europe) plc
•Christians Against Poverty
•City Pay it Forward
•Citizens Advice
•Consumer Finance Association
•Debt Advice Foundation
•Ecology Building Society
•Economics, Business and Enterprise Association (EBEA)
•Edexcel
•Equifax plc
•Experian Ltd
•Fidelity International
•Finance & Leasing Association
•Financial Skills Partnership
•Heathcroft Communications
•HSBC UK
•ICAEW
•ifs School of Finance
•Institute for Citizenship
•Institute for Credit Management
•Investment Management Association
•J.P. Morgan
•Learn About Finance
•Lloyds TSB Group plc
•London Citizens
•M&G Investments
•Money Advice Service (formerly Consumer Financial Education Body)
•Money Advice Trust
•MoneySavingExpert.com
•MyBnk
•NASMA (National Association of Student Money Advisers)
•NASUWT
•National Association for Managers of Students Services in Colleges
•National Foundation for Educational Research
•National Numbers Partners Consortium
•Nationwide Building Society
•NUS (National Union of Students)
•OBSR
•Ofsted
•Prudential UK and Europe
•PSHE Association
•RBS
•RNIB
•Santander
•School Councils UK
•Specialist Schools and Academies Trust
•Standard Life plc
•The Association of Investment Companies
•The Chartered Institute of Payroll Professionals
•The Co-operative Financial Services
•The Money Charity
•The National Skills Academy for Financial Services (NSAFS)
•The Royal Bank of Scotland
•The Share Centre
•Toynbee Hall
•The UK Cards Association
•Trading Standards Institute
•UCAS
•UK Youth
•University and College Union
•Visa Europe
•Which?

 

 

How to get involved

To find out more or to express interest in becoming a supporting organisation, please contact [email protected]

 

APPG Officers

• Chair: Julian Knight MP (Con)
• Officers:
• Nic Dakin MP (Lab)
• Drew Hendry MP (SNP)
• Marion Fellows MP (SNP)
• Trudy Harrison MP (Con)

Higher Education Spokesperson: Martin Lewis OBE