Schools: Financial Education Debate
Full Debate: Read Full DebateDepartment: Department for Education
Lord Lee of Trafford
Main Page: Lord Lee of Trafford (Liberal Democrat - Life peer)Department Debates - View all Lord Lee of Trafford's debates with the Department for Education
(2 years, 4 months ago)
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Baroness Barran (Con)
The noble Lord will be aware that the Government made a commitment to make no changes to the national curriculum during the life of this Parliament, and that remains the case. Although citizenship is not compulsory in primary schools, as we know, many schools choose to teach it as part of their commitment to delivering a broad and balanced curriculum. The Money and Pensions Service has clear goals to ensure that 2 million more children and young people get meaningful financial education by 2030 and we are very supportive of its work in that.
Lord Lee of Trafford (LD)
How is the financial education of young people helped by prohibiting grand- parents taking out junior ISAs for their grandchildren?
Baroness Barran (Con)
I was not aware of the point the noble Lord raises. More broadly, when you talk to young people, they say that a lot of their financial education comes from their parents and family, including their grandparents, so I agree with the sentiment that grandparents have an important role to play.