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Schools fail pupils on financial capability

1 min read Education
Schools are neglecting to effectively teach financial capability as part of personal, social, health and economic education (PSHE), a government commissioned report has found.

According to researchers, financial capability teaching was "often led and taught by different members of staff from the personal wellbeing elements [of PSHE]", and was "seldom given the same priority or prominence".

A number of teachers in both primary and secondary schools claimed financial capability teaching was problematic, with around half of primary school teachers and a quarter of secondary school teachers describing lessons in the subject as "less than effective".

Part of the reason for this, the report found, is that PSHE teachers are not yet experienced in delivering financial education, since the new programme of study for economic wellbeing and financial capability has only been in place since 2008.

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