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Financial Capability

Volume 448: debated on Tuesday 11 July 2006

To ask the Chancellor of the Exchequer which citizens advice bureaux are working in partnership with the personal finance education group on financial capability in schools; and what plans he has to expand this project. (81078)

I welcome the excellent work that citizens advice bureaux are doing with PFEG to improve the financial capability of students in schools, including the successful pilot they ran with independent financial advisers as part of the FSA-led national strategy for financial capability. In addition, I welcome the involvement of citizens advice bureaux in the £45 million financial inclusion fund project to deliver a significant increase in the capacity of free face-to-face debt advice for the financially excluded. I look forward to the outcome of these important projects with interest.