KickStart Money (KSM) is a unique consortium of over twenty savings and investment firms that collectively believe all young people across the UK should receive high-quality effective financial education while in primary school.
Through a progressive partnership with leading financial education charity MyBnk, and supported by TISA, KSM has proved for the first time that children as young as six can learn about money in ways that will help them make better decisions later in life.
Independent research shows that three months after taking part, 70% of pupils were “working towards a saving goal”, while teachers reported that 87% of their pupils understood their financial decisions had consequences.
Lord Hutton said: “KickStart Money is an exciting and much needed project aiming to help young students to understand the consequences of debt as well as the importance of saving and investing for their future.”
Firms that have committed financial support and thousands of volunteer hours include:
Allianz Trust Savings, Allianz Global Investors, AVIVA, AXA Investment Managers, BlackRock, BMO Global Asset Management, Columbia Threadneedle, CQS, Janus Henderson Investors, Legal & General Investment Management, LeggMason Global Asset Management, M&G Investments, Neuberger Berman, Newton Investment Management, Quilter, Lazard Asset Management, Prudential, Redington, Schroders, Standard Life Aberdeen and TISA.