Friday, 08 February 2013 10:37
Nick Cann calls for IFP members to support financial education classes
Nick Cann, Institute of Financial Planning chief executive, has s urged Financial Planners to get involved in schools, following yesterday's announcement of compulsory financial education.
Mr Cann described the decision by Education Secretary Michael Gove MP to include financial education in citizenship and maths lessons from 2014 as "excellent news".
He said: "Financial education will help pupils make better decisions and more informed decisions about higher education, jobs and their careers in the future."
He said the new rules would give Financial Planners an opportunity to promote a Financial Planning approach to finance.
He said: "The IFP will work to support existing initiatives out there with the Personal Finance Education Group and help promote a Financial Planning approach to finances.
"We want to show what Financial Planning looks like and how it is different to how financial education has been taught before, it's not about selling products."
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During Financial Planning Week last year, many Financial Planners visited local schools and Mr Cann thinks this could be done on a more regular basis.
This would be dependent on the preference and skills of the Financial Planner but could involve helping teachers with their financial lesson plans, giving sessions in schools and communicating with the pupils.
He said: "It's about having right attitude, right experience, right knowledge and being able to communicate it clearly."
He advised Financial Planners to contact the IFP if they were interested in helping out at schools.
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Mr Cann described the decision by Education Secretary Michael Gove MP to include financial education in citizenship and maths lessons from 2014 as "excellent news".
He said: "Financial education will help pupils make better decisions and more informed decisions about higher education, jobs and their careers in the future."
He said the new rules would give Financial Planners an opportunity to promote a Financial Planning approach to finance.
He said: "The IFP will work to support existing initiatives out there with the Personal Finance Education Group and help promote a Financial Planning approach to finances.
"We want to show what Financial Planning looks like and how it is different to how financial education has been taught before, it's not about selling products."
{desktop}{/desktop}{mobile}{/mobile}
During Financial Planning Week last year, many Financial Planners visited local schools and Mr Cann thinks this could be done on a more regular basis.
This would be dependent on the preference and skills of the Financial Planner but could involve helping teachers with their financial lesson plans, giving sessions in schools and communicating with the pupils.
He said: "It's about having right attitude, right experience, right knowledge and being able to communicate it clearly."
He advised Financial Planners to contact the IFP if they were interested in helping out at schools.
• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.
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