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22nd Feb 2023 5:51pm News

Citizenship has a key role in ensuring financial education is taught effectively

Our response to APPG's report: Building Beyond Barriers – A roadmap for enhancing financial education in schools

We were pleased to attend the launch of the APPG’s report: Building Beyond Barriers – A roadmap for enhancing financial education in schools in parliament today.

ACT supports key recommendations in the report, including the need to raise awareness of financial and economic education through existing curriculum requirements, as well as understanding the issues teachers face in terms of finding curriculum time and navigating challenging and sensitive conversations around finance. 

Already a national curriculum subject, Citizenship has a key role in ensuring financial education is taught effectively in schools. Financial education was made an explicit requirement in Citizenship during the last DfE review of the National Curriculum in 2014.  We agree with the APPG report that the DfE and Ofsted should look at opportunities to drive this forward to ensure that the curriculum for both primary and secondary pupils is focussed on meeting this objective and the content delivered by teachers reflects real-world contexts that can be understood by their students.

ACT has produced key stage 4 resources to help teachers do this and we are currently developing key stage 3 resources that will be made available soon. 

We welcome opportunities for collaboration with Ofsted and the Government to help achieve these shared goals to raise awareness of Citizenship education, its unique value in schools and contribution to high quality financial and economic education.

Links to our resources can be found here.