Investment planning is described as: the process of matching your financial goals and objectives with your financial resources – and it’s at the core of our financial planning services at BlackBear Financial Group.
A recent survey conducted by online stockbroker The Share Centre found that 66% of 1120 UK
investors questioned feel that the little financial knowledge they gained during their schooling was
insufficient to deal with financial planning and that they would have benefitted from more formal
and structured financial education in their formative years.
19 percent of those questioned stated that they had only gained some financial knowledge whilst
studying subjects such as maths and economics, whilst the majority advised that the little knowledge
they gained was gleaned from discussing finance with their peers.
Despite financial education now being on the secondary school curriculum for all state schools since
2014, little is known about the improvement this is having in relation to money skills. 90% of those
questioned in the survey felt that financial education should be made compulsory to ensure
students are able to make more informed financial planning decisions when required. When asked
which elements of financial education they felt would be beneficial, 38 percent of those asked felt
that they would have benefitted from having knowledge of taxes, mortgages and pensions.
The key findings of a report undertaken by The Money Charity show that financial education is not as
effective as it should be and that two thirds of the teachers questioned felt that financial education
in the UK is somewhat or very ineffective. Nearly three quarters of teachers interviewed saw little or
no change since the introduction of financial education to the curriculum in 2014. In essence, it has
achieved little on the ground.
Even though it is seen by the teaching profession as an important responsibility, schools are facing
huge barriers in delivering financial education and a curriculum change has to be matched with
serious resources for impact.
Investment Planning has been described as the process of matching your financial goals and
objectives with your financial resources and this is at the core of the service offered by BlackBear
We recognise that due to the lack of formal financial education and the complexities of the financial
markets, investors need additional support when taking their first steps and making decisions
regarding their financial needs and objectives.
We can help you by explaining how the financial market works and devising a bespoke investment
strategy for you to help you to invest with confidence. We also provide an ongoing advice service to
guide you through the key stages of your life and help you achieve your goals.
To find out more, please visit our Investment Planning services page, email us at firstname.lastname@example.org or call us on 0151 305 2305.