A report with case studies and a review of resources to support the development of financial literacy skills
The study, commissioned by the Financial Services Authority (FSA) on the advice of the Young Adults Working Group, looked into current practice in the provision of personal finance education, information and advice for young adults across the UK.
The report offers case studies of organisations assisting young adults to take control of their finances. The case studies are drawn from the Further Education, Higher Education and NEET (not in education, employment or training) sectors, and provide interesting reading for Skills for Life teachers interested in teaching financial literacy through Skills for Life.
The nine FE case studies include provision at Newcastle College, where financial awareness training is delivered to Skills for Life learners via the Pay 4IT project, a collaboration between Financial Inclusion Newcastle, Newcastle College Skills for Life department and the Citizens Advice Bureau Newcastle.