£ £ £ M


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oney for Life is a ground breaking financial capability programme to help


Further Education (FE) practitioners equip their students with vital skills in responsible money management. Lloyds Banking Group today announced Money for Life, an ambitious new programme designed to embed vital money management skills training in the FE sector. Money for Life is an important initiative, both for the banking industry and the FE sector, which has not historically attracted the levels of private sector investment seen in other education sectors. The FE sector reaches learners of all ages, including some of the most disadvantaged people in society who face a number of difficult, money-related challenges. Money for Life means that FE practitioners across the country will be able to access financial capability training and support, which will ultimately benefit their learners. The scheme will also equip students to manage their finances and plan their own enterprises. Lloyds Banking Group’s Managing Director,


The scheme will also equip students to manage their finances and plan their own enterprises.


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Customer Experience and Financial Inclusion Champion, Graham Lindsay said: “We know first-hand from our interaction with our customers the importance of personal money management skills. We are committed to working with our Money for Life partners to draw on this experience to make an important contribution to the financial capability of the wide range of learners in the further education sector: from those taking a second chance at education to young people who may shortly be running their own businesses.” Sylvia Perrins, Chief Executive Officer of the National Skills Academy for Financial Services adds: “With over 3 million people learning at further education colleges each year it is an ideal place to reach out and improve financial skills. Working with practitioners to embed learning into areas of the curriculum and providing training to support staff will help to achieve our aim of more confidence and capability in money management.”


by investing £4m in Further Education!


Lloyds Banking Group bridges the money skills gap


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