Independent Financial Life Planners Bishop's Stortford: Financial Education

Wednesday, 18 February 2015

Financial Education

At Enable in Bishop Stortford our IFA’s can see there could be real value in the wider and earlier financial education that the government has implemented. But it is interesting to note questions being raised about the influence some big companies might have on financial education as schools implement the new lessons on money management.

The industry has been urged to play a role in ensuring schools have the expertise needed to teach financial planning and money management well but as schools appear to be rejecting offers of help from financial advisers, concerns are being raised over the influence of some of the big corporate brands.

Personal Finance Education Group chief executive Michael Mercieca says: “Schools are at very different stages in their delivery of financial education and for those who are just beginning it may well take the whole of this academic year to fully develop their provision.”

MoneySavingExpert editor Martin Lewis, says: “The first year of implementation was always going to be tricky and Ofsted is unofficially ‘going easy’ on schools this year while they get things in place.”

Tony Stenning, head of UK retail business at Blackrock and chairman of the project, says: “Financial education from a young age is key to achieving a more financially resilient society and helping people make the right choices when it comes to things like pension freedoms.”

At Enable our IFAs know good financial education is vital at any age to help make good financial planning and financial life choices across saving, investing, mortgages and pensions.

Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE

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IFA Bishop's Stortford

At Enable Independent we know that our clients trust us and rely on our advice to help them to plan a better, more secure financial future. This is a responsibility that we take very seriously especially because we know that many clients have chosen us on the recommendation of friends and family. Each one of our advisers has deep expertise in their area of specialist knowledge and, as a team, we hold some of the highest qualifications available in the financial advice industry.

Our job satisfaction comes from using our skills to find workable, affordable and flexible solutions to meet our clients needs. Whether we are planning for known future funding requirements such as house purchase, school fees or income in retirement - or for the unforeseen such as job loss, long-term illness or early death, our independence from any product provider enables us to view the marketplace impartially. Our training permits us to look beyond a product's marketing hype and select on the basis of its fitness for purpose.