§ Mr. EdwardsTo ask the Secretary of State for Education and Skills if there are plans to require(a) further education colleges and (b) schools to include financial literacy courses in their curricula. [38791]
§ John HealeyThere are no plans for financial literacy activity to be a mandatory part of further education provision. But we have developed and tested financial literacy learning materials and guidance for tutors and these will be available to further education colleges when they are launched later this year.
495WPersonal finance education is already covered in the national curriculum as part of the Personal, Social and Health Education (PSHE) framework. The framework has been in place since September 2000 for pupils aged five to 16 and was introduced to support the personal and social development of young people, including the development of financial capability, in today's complex and changing world.
Guidance for teachers, "Financial Capability through Personal Financial Education", was published in April 2000.