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Money for Life will enable FE practitioners to gain an accredited qualification in personal money management which will equip them to provide financial education to FE learners for many years to come. The programme will also bring together sector experts in a series of focus groups across the UK to identify and address barriers to financial capability. They will examine the needs of distinct learner groups such as those with learning difficulties, young parents and apprentices and develop tailored financial education solutions. Lloyds Banking Group is also keen to


explore how their 100,000 employees can add value to Money for Life and is working with Toynbee Hall to develop a tailored programme to train Lloyds Banking Group employees alongside FE learners to deliver financial capability workshops. The programme will be delivered via a unique partnership taking place over the next two years with the Consumer Financial Education Body (CFEB) and FE sector partners operating in the four nations of


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.


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the UK, each of whom will work together to promote and support financial capability training within their regions. Those organisations are the National Skills Academy for Financial Services (England), Scotland’s Colleges, Colleges Wales, the National Training Federation for Wales and the Educational Guidance Service for Adults (Northern Ireland).


Tony Hobman, Chief Executive, Consumer Financial Education Body added: “We recognise the need for FE learners of all ages and from all walks of life to acquire sound financial management as they complete their studies or training. Skilled and confident practitioners - trained to engage learners in personal finance issues - are crucial in helping to build the sector's capacity to embed such education and support into day-to-day provision. We look forward to supporting Lloyds Banking Group and its sector partners as they build on our original work to develop sustainable models of good practice to benefit FE learners and practitioners for years to come.”


For more information about the programme, please visit www. lloydsbankinggroup.com/moneyforlife


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