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FSA/PN/107/2006
30 October 2006

A brand new series of programmes about personal financial education in the classroom will make its debut tonight on Teachers' TV following collaboration between the Financial Services Authority and the channel.

The series titled Financial Capability consists of four programmes. Two are designed for use in class as a teaching aid, whilst the other two are designed to build teacher confidence in this subject.

The FSA's National Strategy for Financial Capability brings together representatives from industry, consumer bodies, voluntary organisations, government and the media – with the aim of finding ways to help people feel more confident and capable with their money.

This latest initiative for Teachers' TV complements the existing programmes offered in the FSA's 'Learning Money Matters' programme which is designed to ensure that millions of children receive high quality financial education in the classroom. To date, 278 schools have signed up.

Commenting on the launch of the new series, Vernon Everitt, Director of Retail Themes for the FSA said:

"This collaboration with Teachers' TV is an excellent way in which to support the Government's strategy of raising the status and profile of personal finance education in schools.

"Helping teachers feel capable and confident in delivering lessons on practical financial matters is a key element in ensuring that tomorrow's adults can manage their finances well."

Programme details:

• KS4 PSHE: The Money Quiz. This programme gives a review of resources that help young people gain the knowledge and understanding to manage their money effectively It is designed to help build teacher confidence by showing how the resources can be used to teach the subject in an engaging way. Monday 30th October at 6pm
• KS4 PSHE: Paying Your Own Way. Moving into your own place is exciting but also expensive. The programme follows two 17 year olds to see how they get on when they move into their own flat. The two programmes designed for teachers give advice on planning and delivering lessons. Monday 30th October at 6.15pm
• KS2 PSHE: The School Disco. Teachers introduce their pupils to financial responsibility using one simple technique – delegation. They hand over the school disco to them to manage. Tuesday 31st October at 6pm
• KS2 PSHE: Catriona’s Big Day Out. Catriona is in Year 6 at school and has been given the challenge of organising a day out for her family and working out how to pay for it. Tuesday 31st October at 6.15pm

Notes to editors

1. The National Strategy for Financial Capability was launched in November 2003.
2. The documents: 'Financial Capability in the UK: Establishing a Baseline' and 'Financial Capability in the UK: Delivering Change' are available on the FSA web site along with 'Creating a step change in schools'.
3. Personal Finance Education in Schools Baseline Survey.
4. The FSA regulates the financial services industry and has four objectives under the Financial Services and Markets Act 2000: maintaining market confidence; promoting public understanding of the financial system; securing the appropriate degree of protection for consumers; and fighting financial crime.
5. The FSA aims to promote efficient, orderly and fair markets, help retail consumers achieve a fair deal and improve its business capability and effectiveness.

All the programmes are available to download from www.teachers.tv