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New programme in personal finance to be launched

February 16, 2008 by admin  
Filed under News, News-Banking

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The Association of Investment Companies (AIC), Finance and Leasing association (FLA) and APACS, the UK payments Association have all offered their backing to a new educational programme designed to help consumers make informed financial decisions.

A new ‘ Programme in Personal Financial Planning (PPFP) is to be launched by the ifs School of Finance to ensure that future generations understand how best to use their money, as well as adults lacking those skills too.

Daniel Godfrey, director general with the AIC, said: “The AIC has always argued that financial education should be moved up the political agenda.

“Whilst real and significant progress has been made in the classroom, it is encouraging to see this extended to adult education initiatives.”

The programme arrives as recent research from AIC showed that an estimated 90 per cent of parents did not have any financial education while they were at school.

According to the figures, 65 per cent of those want to receive training as an adult.

Tags: finance, Personal Financial Planning, political agenda, agenda, Institute of Bankers, personal finance, AIC, School of Finance

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