Financial literacy has been proven to increase social mobility and improve financial behaviour for individuals and communities
The economic fallout of the Covid-19 pandemic has forced millions into unemployment and financial insecurity. Meanwhile a bewildering array of financial products, self-determined retirement plans and a few unscrupulous companies are leaving the financially less literate vulnerable to exploitation and debt. Financial literacy has been proven to increase social mobility and improve financial behaviour for individuals and communities. The Financial Literacy and Inclusion Campaign (FT FLIC), spearheaded by the Financial Times, aims to democratise financial education by providing free and engaging content to those who need it most: young people, women, and disenfranchised groups including minority ethnic communities and migrants.
As a founding member of the FT FLIC, our Trustee Anabel Altenburg worked closely with the FT FLIC team to support the design and delivery of comprehensive financial literacy learning modules.