A new initiative aimed at reducing child poverty has been unveiled by ministers. Jobcentre Plus personal advisers are to be placed in children’s centres in order to give parents better access to their services. It is hoped this measure will…

The government is launching an £11.5 million financial education programme in schools to help young people learn how to handle money matters. Entitled My Money, the initiative will be led by the Personal Finance Education Group and will aim to…

The financial establishment has failed young people, a new report has concluded. Entitled Money’s too Tight to Mention: Will the IPOD Generation Ever Trust Financial Services?, the paper is published by think tank Reform and the Chartered Insurance Institute. It…

Children would rather have more time with their parents than money, new research has found. American Express conducted a survey into the opinions of kids aged eight to 15, after figures showed that more parents are working longer hours in…

Students have been offered some debt advice by an industry insider. Those at university should approach budgeting in the same way as coursework, by breaking down money matters into achievable goals, according to Derek Oakley from Debt Free Direct. He…

Students are more likely to repay the full balance of their credit card debt than the general population, new figures have suggested. Apacs, the UK payments association, conducted a survey into the financial habits of those in full-time education. It…

One in three students feel out of control of their finances, new research has revealed. A survey from GE Money has found that 35 per cent of those in full-time education feel that they are not managing money matters well.…

Backpackers are turning to prepaid cards in an attempt to avoid credit card debt while they are travelling, it has been claimed. Tom Griffiths, founder of gapyear.com, said the prepayment method is also popular with backpackers as traditional cards often…