PFS launches financial education website for schools

More than 900 members advisers have signed up to be ambassadors of its pro-bono initiative

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The Personal Finance Society (PFS) has launched a dedicated website to complement its ‘My Personal Finance Skills’ pro-bono financial awareness programme.

The website means young people are able to learn more about money matters while they are unable to access educational workshops at school.

It features four free online sessions, which last around 25 minutes, covering staying safe from scams, moving on from school, my future finance and how to make financial decisions.

The sessions are designed for students aged between 14 and 18-years’ old who are studying key stage four and five material at school.

Commitment

More than 900 PFS members advisers have signed up to be ambassadors of the professional body’s pro-bono initiative, which delivers financial education and awareness workshops to schools across the UK via gamification.

In the current academic year, more than 400 workshops were delivered to 12,000 students before the coronavirus outbreak resulted in the closure of schools.

In the next academic year, the scheme will aim to reach even more pupils as more than 500 sessions have already been booked.

If necessary, these sessions will be rescheduled, with schools also being given the option of whether they would like virtual workshops.

It is hoped the online sessions will complement the face-to-face workshops, which will be held when schools are re-opened.

Knowledge

Keith Richards, chief executive of the PFS, said: “We launched ‘My Personal Finance Skills’ as a pro-bono programme allowing members to demonstrate the professions wider commitment to financial awareness and education by serving to wider community they operate in.

“While in-school workshops are currently on hold due to the ongoing covid-19 outbreak, the Personal Finance Society has adapted our in-school material to offer students free online financial education.

“We hope teachers, parents and pupils find these online sessions useful in educating the nation’s teenagers about money matters.

“This new consumer-facing website has the potential to expand to incorporate wider information and guidance.”

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