This presentation by Sue Lewis was made during the 2nd roundtable at the High-level Conference on Global and European Trends in Financial Education held on 22-23 May 2014 in Istanbul, which explored the role(s) of the private and not-for-profit sectors in financial education, financial literacy and innovation for young people and financial education for migrant workers and their families. Find out more at http://www.oecd.org/daf/fin/financial-education/2014-conference-global-european-trends-financial-education.htm

1. Role of not-for-profit sector in
financial education
Sue Lewis
Trustee, pfeg
OECD High-level International Conference
Istanbul 22-23 May 2014

2. pfeg’s mission is for all
young people to leave full
time education with the
confidence, skills and the
knowledge in financial
matters to take part fully in
society

3. Programmes (free to teachers/practitioners)
Services (available to all and free to all)
pfeg – Programme and Services Summary
Pfeg advisory
service
(ASKpfeg)
Quality Mark Resources
Web
development
Customer
Service
My Money
Week
Centres of
Excellence
Initial Teacher
Training (ITT)
Volunteer
network &
resources
4-19 year olds
Secondary
schools
Newly Qualified
Teachers
Primary schools
Primary &
Secondary
schools
London Lead
Teachers
Secondary
schools
Vulnerable
young people
10 – 25 year olds
Primary &
Secondary
schools
National activity
week in June
provides
opportunity for YP
to gain skills and
confidence with
money
1.4 million YP
reached
3,700 teachers
received support
Rewards schools
who are committed
to developing and
continuing
excellence in
financial education
13 schools awarded
20 schools working
towards award
Funding for another 60
Prepares student
teachers to embed
personal finance
education in Maths
at secondary level
Schools supported by
freelance consultants
Supported by
online materials
developed in house
Training delivered to
teachers by freelance
consultants and embedded
in teacher training courses
Up to 400 student
teachers.
Prog
c
AgeWhatHowReach
Resource
development and
training events for
NQTs to embed
personal financial
education in to their
lesson plans
Training delivered to
teachers by freelance
consultants
15 regional
seminars, each with
30-50 NQTs
Develop Lead
Teachers in schools to
support colleagues to
teach financial
education in
neighbouring schools
Training delivered to
teachers by freelance
consultants
12 Lead Teachers
reaching out to 90
colleagues and 12,000
students
Volunteers from pfeg
corporate funders and
ICAEW ACA members
support teachers with
financial education
Volunteers support teachers
in the classroom
Up to 125 ICAEW
members plus other
volunteers reach up to
4,000 YP
Develop training,
support and guidance
materials for existing
NGOs and working with
vulnerable YP
Training delivered to youth
practitioners by freelance
consultants
200 practitioners
working with 4,000
vulnerable YP aged 10-
25
National activity
week in June
provides
opportunity for YP
to gain skills and
confidence with
money
Supported by online
materials and training
developed in house
Specialist education
consultants use their
experience to give
practical guidance to
teachers and other
practitioners
250 requests
Services figures are for 2103
The QM is awarded
to third party
generated resources
for use with children
and YP. Resources
must support high
quality teaching and
learning about
money
9 awards
Resources
produced as part
of pfeg projects are
made available to
be ordered or
downloaded for
free on the website
30,000 hard copies
ordered
15,000 downloaded
pfeg.org:
- provides guidance
and resources for
about financial
education
- marketing &
communications tool
108,000 visits
General enquiry
line/email
7,500 enquiries
ProgServiceWhatReach

4. Pfeg Quality Mark
Awarded to resources used in schools:
• accurate and up-to-date
• free of branding
• match curriculum requirements
• easily available, adaptable and low cost
• cover an appropriate range of financial topics
• developed in partnership with teachers and tested in schools.
Over 100 awards so far….

5. Support for volunteers in schools
 Pfeg provides training and support to ensure
volunteers:
 Are safe and suitable
 Work with the classroom teacher
 Understand issues such as the age and background of
the children, and any cultural issues
 Have enough time and commitment