Today we’re publishing our response to Bethan Jenkins AM’s consultation on a proposed Financial Education and Inclusion (Wales) Bill. The principal aim of the proposed Bill is to “increase prosperity in Wales by improving the financial education and literacy” of the citizens, and it would make financial education a statutory part of the curriculum for KS2-4. It would also require local Welsh authorities to produce a financial inclusion strategy that would set out how they will promote financial inclusion and the financial literacy of individuals in their area.
The proposals for the Bill have the potential to make a significant different to the financial capability of people in Wales, and we are delighted that this hugely important topic will be the subject of debate and scrutiny in the National Assembly when the draft Bill is introduced to the Assembly later this year.
To read our full response click here