Essex-based Cervello Financial Planning has sponsored a classroom of youngsters to receive a financial education course.

Financial literacy among young people should improve following the announcement in the Budget about increased funding for maths education and teacher training, says the Chartered Institute for Securities & Investment (CISI).

The House of Lords is investigating whether the amount and level of financial education introduced to schools is yet to make a difference.

The quality of financial education in the UK is to be examined in a new investigation at The House of Lords.