Pupils to gain money skills

Alliance Trust Savings (ATS) is working with 15 other leading UK financial services firms and the Tax Incentivised Savings Association (Tisa) in a new project to deliver money skills to thousands of schoolchildren.

With an initial investment of £1million, KickStart Money will take financial education to nearly 18,000 7-11-yearolds across the UK.

The project has already been recognised by the Money Advice Service and received funding as part of its What Works Fund.

The first initiative to be rolled out will be the Money Twist programme

“It will ensure children have the skills they need”

from primary delivery partner and financial education charity MyBnk.

ATS chief executive Patrick Mill said: “We feel it is our responsibility to support and encourage better attitudes towards money.

“Financial literacy is an important issue and, while we know that many savings habits are developed at primary school age, parents and teachers often lack the confidence to equip young people with money skills.

“This new interactive programme will ensure that more children across the whole of the UK have the knowledge and skills they need, while at the same time making finance fun.”