The Financial Services Authority has announced a seven-point plan to improve the financial skills of 18 - 40 year olds in Britain, over the next five years.
The programme will see financial education, information and advice in schools, universities, colleges, the workplace and organisations that help young adults.
Our view
At last! We have been 'preaching' this message for six years. It is criminal that you can leave school with no idea about how to write a cheque or about debts or credit but you know all about glaciers, Boyle's Law and Pythagorus.