Most pupils leave school missing the money skills they will need, according to new research from the government-backed Money and Pensions Service (MAPS).

The London Institute of Banking & Finance has revamped its Level 4 Diploma for Financial Advisers (DipFA) and scrapped the requirement for a final exam.

Wealth manager St James’s Place is expanding its work with charity Young Enterprise to support the accreditation of schools looking to become Centres of Excellence for financial education.

Fast growing Leeds-based Financial Planning and professional services group Progeny welcomed nine students to its first summer personal finance school held last week for 16-to-18 year olds.