retirement.org.nz

In 2003, the Commission initiated a project to provide guidance to schools to teach personal financial education as part of the curriculum. A key goal of the project was to develop a Personal Financial Education Framework for Schools.

Work on the framework started in 2004. It was developed in conjunction with finance and education sector specialists. It has been redrafted following workshops, advice from teachers and input from those experienced in developing school resources. Thanks to financial support from all New Zealand banks, ten schools are currently trialling a variety of approaches to personal financial education in areas like mathematics, social studies and technology.

The framework aims to develop student competencies such as managing their money and understanding financial planning. The trial is being conducted by Educating NZ, a company with extensive knowledge in education and training, including curriculum and education initiatives.

The development of the framework and the trial is being conducted with the full support and involvement of the Ministry of Education. The Ministry will take over responsibility for ongoing development and promotion of the framework from July 2009.

For more information contact Lester Taylor at lester.taylor@retirement.org.nz.

Attachment
Schools Project pilot final report