Personal Finance Education Group (2)

MQT on 2014-12-17
Session date: 
December 17, 2014
Question By: 
Fiona Twycross
Labour Group
Asked Of: 
The Mayor


What key objectives are attached to the Greater London Authority's funding for the Personal Finance Education Group and what progress is being made against achieving these objectives?


Answer for Personal Finance Education Group (2)

Answer for Personal Finance Education Group (2)

Answered By: 
The Mayor

The overall objective of the project is to develop the financial capability of young people within London. Also exploring whether providing a financial education within mathematics can enhance pupil's attainment and engagement. PFEG have so far worked with 12 Lead Teachers within the mathematics departments of 12 different London Schools to provide bespoke support in their development, delivery and assessment of financial mathematics - mathematics delivered using a significant financial context. The final evaluation of the project and it's results are due in September 2015.