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Policy

MyBnk is deeply involved in wider efforts to address social economic issues effecting young people – be it financial exclusion, youth unemployment or the care system.

We do this through:

  • All Party Parliamentary Groups (APPG) and campaign groups.
  • Evidence submissions, responding to reports, contributing to studies and consultations.
  • Independent assessments of MyBnk programmes.

Latest:

HM Treasury – Review of the Money Advice Service 01/09/14

MyBnk has responded to the call for evidence regarding the Money Advice Service.

Centre for Social Justice -Restoring the Balance: The think tank’s report strongly recommended expert-led provision of financial education in schools – 16/07/14

MyBnk’s work was featured as a leading case study which also included quotes by our Interim CEO Guy Rigden. This link will take you directly to the page.

The Programme for International Student Assessment (PISA) report into Financial Literacy Skills for the 21st C, Students and Money – 09/07/14

PISA is the most rigorous, in-depth, comprehensive and international survey of worldwide financial skills ever seen – MyBnk responds with our thoughts on the limits and opportunities the test presents.

The Education Select Committee inquiry into PSHE in schools – 22/06/13

MyBnk has responded to the Education Committee’s inquiry into Personal, Social, Health and Economic (PSHE) education in schools. It has been noted by the inquiry that there is room for improvement of the level of Finance Education provided as part of PSHE and elsewhere in the National Curriculum.

The Financial Education and Inclusion (Wales) Bill – 28/04/14

MyBnk has responded to the Welsh consultation on boosting the status of financial education. There, the subject has been a compulsory element of the National Curriculum for a number of years  - the same happens for England in September 2014.

British Youth Council – Life Skills in the Curriculum Inquiry 28/10/13

MyBnk has submitted evidence to a study by the Youth Select Committee examining how life skills, like money management, are taught at schools, please find our thoughts, here.

Department for Education National Curriculum Review – 30/09/13

MyBnk has commented on the final proposals which makes financial education a compulsory part of the secondary curriculum in Citizenship and Maths. Head to our National Curriculum section for full teacher briefings, mapping and our formal response.

APPG Financial Education for Young People – Vulnerable Young People Inquiry 29/09/13

MyBnk has responded to the recommendations of the APPG’s strand on Financial Education for Vulnerable Young People. For more on our important work in this area, please see our dedicated Working with Vulnerable Young People section.

Personal Social Health Economic Education, DfE & Ofsted Reviews 01/05/13

MyBnk has responded to both of these reviews into effectiveness and placing of PSHE in the curriculum, please find our thoughts, here.

Centre for Social Justice: Economic Dependency & Worklessness Study 01/03/13

MyBnk has provided evidence to the CSJ, a leading policy think tank.

 

APPGs

Evidence to Vulnerable People strand of APPG on Financial Education for Young People.

MyBnk are participating in an investigation into current financial literacy efforts for vulnerable people. A report is expected soon. MyBnk Submission here.

Response to APPG report on financial education in schools.

This report by the APPG on Financial Education for Young People, reviews the need and provision of finance education in UK primary and secondary schools. It’s recommendations have been submitted to the government’s national curriculum and the PSHE reviews. MyBnk’s Response. MyBnk APPG Evidence Submission. Executive Summary Report here.

 

MyBnk are members of APPGs on:

  • Financial Education for Young People.
  • Leaving Care and Looked After Children.
  • Civil Society & Volunteering.
  • Youth Affairs.
  • Banking Reform.
  • Entrepreneurship.
  • Poverty.
  • Debt & Personal Finance.

MyBnk is also a member of: The Independent Taskforce on Student Finance.

Responses

Response to consultation on Money Advice Service Business Plan 2014/15

MyBnk MAS Business Plan 2014/2015 Consultation Response.

Response to consultation for the DCSF Inquiry into young people not in education, employment or training.

This report is a response to the Department for Children, Schools and Families’ call for an inquiry into young people not in education, employment or training. MyBnk DSCF Inquiry Response.

Studies

Volans report, The Future Quotient on 50 Stars of Seriously Long-Term Innovation.

This report aims to explores innovation designed by individuals in business that have the capacity to create value in the long-term. Lily Lapenna is cited by Volans as one of their 50 ‘stars’ of business sustainability. Report here.

Educational Deficit – the financial education needs of young people in Brighton and Hove.

MyBnk & The Aldridge Foundation undertook a research project to examine the financial education needs of young people in the Brighton & Hove area. This report aims to bring the experiences and the recommendations of this sample of young people into future dialogue about financial education provision in the Brighton and Hove area.

MyBnk Brighton & Hove Educational Deficit Full Report.

MyBnk Brighton & Hove Educational Deficit Report Summary.

Needs Assessment Research – Foyer Accommodation.

This report reviews the need for financial education of young people living in Foyers. Foyers provide Foyers are integrated learning and accommodation centres providing safe and secure housing, support and training for young people aged 16 – 25. MyBnk Needs Assessment Research.