Old Mutual Wealth to sponsor Moneywise Personal Finance Teacher competition


To promote financial education in schools Old Mutual Wealth is sponsoring the 2017 Moneywise Personal Finance Teacher of the Year competition.

Although this topic become mandatory for secondary schools in 2013, recent research from the London Institute of Banking and Finance showed that 58 percent of students aged between 15 and 18 did not receive any form of financial education. Old Mutual Wealth is committed to boosting the financial awareness of the next generation of savers and is sponsoring a package of financial education measures.

The Competition winner’s school will receive £5,000 to spend on equipment and two runners up will each receive £1,500 for their schools. Every teacher who receives a nomination will receive a copy of the bMoneywize board game, which can be used in lessons and requires players to make financial decisions by exposing them to real-life financial situations.

To nominate a primary or secondary school teacher please email with the name of the teacher and the name and the address of the school by the end of April. Moneywise will then contact the nominated teachers and ask them to submit their three favourite personal finance lessons. The winner and two runners-up will be announced at the Moneywise Customer Service Awards which will be held in London on 22 June 2017.

The judges are Suella Fernandes, MP for Fareham, Jane Goodland, responsible business director for Old Mutual Wealth, Moira O’Neill, Moneywise editor, Jeff Prestridge, personal finance editor of the Mail on Sunday, and Kirsty Bowman-Vaughan, financial education lead for the Money Advice Service.

Jane Goodland, responsible business director for Old Mutual Wealth said: “Gaining the skills and confidence to manage finances early in life is crucial.  We are committed to teaching the youth of today how to tackle debt and make prudent spending decisions.  We currently sponsor a financial education programmes in secondary schools in Southampton area, delivered by leading financial education charity MyBnk.  We are now pleased to work with Moneywise as their awards provide an opportunity to showcase those schools and teachers in the UK who are helping build children’s understanding of managing their finances.”

Moira O’Neill, editor of Moneywise, added: “At Moneywise, we believe it’s never too soon for young people to learn about their finances, and that by mastering the basics early on in life, they will grow up to be the most financially savvy generation yet. But we need to encourage more teachers and schools to take this subject seriously, making personal finance lessons fun, interactive and relevant.”

For more information contact

Vee Montebello, Director of Communications

Direct Line: 020 7778 9550
Mobile: 07872 665149

Notes to editors:

Quilter is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

On a ‘go forward basis’, Quilter oversees £ 111.6 billion in customer investments (as at 31 March 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset and single strategy investment solutions; and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Old Mutual Wealth Private Client Advisers; discretionary fund management business, Quilter Cheviot; and Old Mutual Wealth’s multi-asset investment solutions business.

The Quilter businesses will be re-branded to Quilter over a period of approximately two years following separation from Old Mutual:

  • Intrinsic to Quilter Financial Planning
  • Private Client Advisers to Quilter Private Client Advisers
  • The Multi-Asset business to Quilter Investors
  • The UK Platform to Quilter Wealth Solutions
  • The International business to become Quilter International
  • The Heritage life assurance business to Quilter Life Assurance
  • Quilter Cheviot will retain its name.

On 19 December 2017, Old Mutual Wealth announced that it has agreed to sell its Single Strategy asset management business to the Single Strategy Management team and funds managed by TA Associates. The proposed transaction is subject to customary closing conditions, including regulatory approvals. 

Quilter is part of Old Mutual plc, a FTSE 100 group that provides investment, savings, insurance and banking. For the year ended 31 December 2017, Old Mutual reported an adjusted operating profit before tax of £2.0 billion. For further information on Old Mutual plc and the underlying businesses, please visit the corporate website at


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