The House of Commons Education Committee has today launched an inquiry into ways to strengthen financial education in schools.

Four out of five adults believe that financial education should be taught in schools but only around one in eight parents said that their child has received it, according to a new study.

Financial Planners have welcomed plans announced by the Labour Party at its conference this week to introduce better financial education for primary school children.

St James’s Place has partnered with education charity Young Enterprise to support the accreditation of schools looking to become centres of excellence for financial education.