London Stock Exchange chief executive says teaching pupils about financial world in schools could unleash new generation of investors
Teaching pupils about the financial world in schools could unleash a new generation of investors, according to the chief executive of the London Stock Exchange.
Julia Hoggett, who joined the exchange from the Financial Conduct Authority last year, said a lack of basic knowledge about markets was one of the reasons fewer adults were investing in shares.
Education: Julia Hoggett said a lack of basic knowledge about markets was one of the reasons fewer adults were investing in shares.
She said: ‘It’s fundamental that savers, retail investors, policyholders and pensioners can invest in their future. But we need to ensure everyone has the right tools.
‘Providing more education on how economies and markets work, from school age onwards, is an important first step.’
She added: ‘There isn’t a silver bullet. It’s about how we talk about markets’ real world impact, as well as enhancing financial literacy.’
Separately, a survey earlier this year found that young people were keen to learn more about personal finance because fraud and the rising cost of living were making them nervous about their money.