Leading financial education charity pfeg merges into Young Enterprise
Personal Finance Education Group
Following a month-long consultation, from today 1st September, pfeg becomes part of Young Enterprise. This means we will offer pfeg branded financial education programmes under the YE umbrella, making Young Enterprise the leading voice of financial and enterprise education in the UK.
Young Enterprise will offer pfeg programmes and services alongside its own suite of enterprise programmes, creating an efficient, specialist ‘one stop shop’ for students and teachers, providing engaging and relevant teaching materials and support to deliver career and life changing learning.
This combining of significant resources and skills within Young Enterprise takes place just as this important subject enters the National Curriculum for secondary state schools in England from September, following a highly successful campaign by pfeg and its many supporters.
Financial mathematics will be taught in secondary mathematics and other aspects of financial capability will be taught in Citizenship education. It also marks the first time that financial education will be statutory in all four countries in the UK.
Michael Mercieca, the Young Enterprise chief executive, who will oversee the merged organisation said: “Bringing pfeg under the YE umbrella means we can support more students and teachers, link more businesses with education and establish Young Enterprise as the leading voice on both financial and enterprise education, two crucial learning areas for young people today.”