The move comes after financial education’s place in the new programmes of study for Mathematics was confirmed last month. Thanks to a new partnership with NatWest, pfeg’s free resource Introducing Financial Mathematics – A practical guide for Key Stage 3 and 4 has been brought up to date by mapping its contents to the new National Curriculum and the NatWest MoneySense for Schools resource. The two organisations plan to continue working together in the future through this and other projects, building on their existing strong working relationship. NatWest’s MoneySense and Pocket Money resources have previously been awarded the pfeg Quality Mark.
Financial education’s place in the new National Curriculum for England, in Key Stage 3 mathematics and Key Stage 3 and 4 citizenship education, was confirmed by the Department for Education in September. The move follows years of campaigning by MPs and Peers in the All Party Parliamentary Group on Financial Education for Young People, pfeg and MoneySavingExpert.com’s Martin Lewis.
The aim of the updated resource is to give teachers practical help in delivering the financial education elements of the new mathematics curriculum, and to provide clear links showing how to extend and develop learning using MoneySense for Schools. Almost 100 teachers have pre-ordered the resource in just the first few days of its availability on pfeg.org.
Tracey Bleakley, chief executive of pfeg (Personal Finance Education Group), said:
“We hope that our Introducing Financial Mathematics resource will make mathematics teachers’ lives much easier over the coming months as they begin to plan how they will implement the new programmes of study from next year. This is an extremely busy and exciting time for financial education – and this resource is just one of the ways we are supporting all teachers involved in giving their pupils the skills, knowledge and confidence they need to manage their money well.”
Les Matheson, Interim UK Retail Chief Executive, NatWest, said:
“We have almost 20 years’ experience delivering free financial education in secondary schools through a variety of programmes including MoneySense. In the last three years, over 11,500 teachers and 55,000 students across the UK have registered to receive our MoneySense resources and over 800 of our employees have volunteered their time, knowledge and experience to teach children about the importance of saving and understanding money.
We know how important it is to give future generations the knowledge to make good financial decisions, so we’re delighted to partner with pfeg to update the resources for Mathematics teachers to help them transition to the new curriculum next year, and to improve the financial capability of young people in the UK.”
The updated ‘Introducing Financial Mathematics – A practical guide for Key Stage 3 and 4’ resource is available to pre-order at http://www.pfeg.org/resources/details/mathematics-guidance-and-resources.