Active Chartered Financial Planners

NORTH EAST MONEY EXPERTS CALLS FOR GOVERNMENT INVESTMENT IN FINANCIAL EDUCATION

12/01/23

Active Chartered Financial Planners in Stockton is calling for the government to ensure that education in personal finance is prioritised if new rules about post-16 maths lessons comes to fruition.

Rishi Sunak announced plans to introduce compulsory maths for all students in full time education between 16 and 18 years old.

Karl Pemberton, managing director at Active, is calling for the government to make sure that personal finance is included on the syllabus to help young people learn to manage their money better as they go into adulthood.

He suggests that young adults would benefit from additional support in investments, savings, interest and credit.

Active has worked with students in Tees Valley previously, and has had a positive reception to support on managing personal finances from a young age.

Karl said: “While all aspects of mathematics are important, learning the skills needed to handle your personal finances are essential to becoming a well-rounded adult.

“Many young people leave full time education and don’t understand the value of savings, pensions and investments, and how starting these early could reward them in the future.

“Worse still, many don’t understand the impact of spending beyond their means, and what could happen to them if they find themselves with bad credit before they’re even on their career path.

“The government would be paving the way for future generations of financially-savvy adults if they ensure that the new post-16 maths courses include modules on managing your money and investing in your financial future.

“It would be a practical application of the subject which would be useful to all, regardless of where their future takes them.”

ENDS

Contact Rosie Earl on 01325 363 436

Issued on behalf of Active Chartered Financial Planners

Active Chartered Financial Planners is a team of specialist Independent Financial Advisers that provides a full suite of holistic financial planning services to private individuals, corporate businesses and professional practices. Being independent means that Active can offer its clients the best financial products, with no bias towards certain providers.

The highly coveted “Chartered” status, which it has held since in 2013, means Active works to standards matched by only a tiny proportion of financial planning firms. Chartered status is central to the business and demonstrates Active’s commitment to remain at the forefront of the industry.

With a history dating back to 1986, today Active is based at modern Head Offices in Thornaby (Stockton on Tees) and covers the entire North East and Yorkshire regions.

The team at Active is highly qualified; including 6 Chartered Financial Planners holding Fellowship status; the highest level of qualification awarded in the industry.

Active’s Financial Planning Services include:

• Investment Planning
• Retirement Planning
• Protection Planning
• Later Life Planning
• Planning for Your Business
• Mortgage Planning

http://www.activefinancialplanners.co.uk

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