NEWS
Welsh Consumer Council welcomes plans to equip young people with skills to manage their finances

New plans to equip young people in Wales with the skills to manage their own finances have been welcomed by The Welsh Consumer Council.
Under new proposals from the Welsh Assembly Government, from September 2008 personal financial education will have a more prominent place in the school curriculum.
Recent research by the Welsh Consumer Council has highlighted the need for improving the financial skills of the Welsh population.
“Wales has above average levels of personal debt compared to Britain as a whole and many consumers feel uncertain when it comes to dealing with their money,” said Lindsey Kearton, Senior Policy Officer at the Welsh Consumer Council.
“Our research has shown that a quarter of people in Wales (24%) are scared or confused when dealing with banks, building societies and other financial institutions.