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Dec
5
Seven shops fail in under-age sales test
Posted by Laura McClelland on 05 December 2012 01:55 PM

SEVEN shops have been caught out selling cigarettes, alcohol and fireworks to children.  More than a third of shops visited by volunteers aged 15 and 16 were found to be prepared to sell the products to under - age customers.

The investigation by West Sussex Trading Standards and Sussex Police found four shops in Worthing and three in Bognor operating illegally.

Trading Standards officers said in some cases no questions at all were asked of the volunteers let alone requesting proof of age.  It is illegal to sell these products to those under 18 and Trading Standards supports the Think 25 policy encouraging traders to ask for ID from anyone who looks under that age.

Christine Field, West Sussex County Council cabinet member for public protection, said: "What is an especially worrying development is the sale of fireworks to our volunteers.  In the past this has proved very rare.  However, in...
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Nov
27
Visa Prepaid CitizenCard in the running for 'Best new prepaid card of the year'
Posted by Laura McClelland on 27 November 2012 09:26 AM

The new Visa Prepaid CitizenCard has been shortlisted for ‘Best new prepaid card of the year’ at The Card & Payment Awards in London in February 2013.

CitizenCard launched the new Visa Prepaid CitizenCard in July 2012, it is a combined PASS proof of age card with Visa payment functionality and the card can be used at 29 million Visa outlets worldwide and online.  It’s NOT a credit card and there are no monthly or annual fees - you must load money onto the card which can be spent.

The Card & Payment Awards was founded in 2006 to recognise customer service, excellence and innovation in the UK & Irish card...
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Nov
2
Online retailers aiding underage sales
Posted by Laura McClelland on 02 November 2012 09:58 AM

Originally posted on 15-10-2012

 

At a Conservative Conference fringe meeting ‘Teenagers, Money and Safe Spending’ (Birmingham, Monday 8th October) delegates backed the need for age verification checks to be carried out by online retailers and service providers to tackle the problem of underage sales online. 40 delegates and observers attended the meeting, hosted by CitizenCard and Pfeg (Personal Finance Education Group), which was chaired by Pudsey MP Stuart Andrew.

 

Tracey Bleakley, Pfeg Chief Executive, spoke about how a recent study carried out by Pfeg and the National Children’s Bureau revealed that most children worry about money and 93% of parents want financial education in schools.  Tracey discussed the fact that the spending habits of teenagers and young people have changed in recent years, with a focus on online trade.  She believes that the financial...
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Nov
2
Credit companies blamed for teenage debt
Posted by Laura McClelland on 02 November 2012 09:57 AM

Originally posted on 5-10-2012

 

At a Labour Conference fringe meeting ‘Teenagers, Money and Safe Spending’ (Manchester, Monday 1st October) delegates backed calls for financial education to become a compulsory part of the school curriculum. Around 40 delegates and observers attended the meeting, hosted by CitizenCard and Pfeg (Personal Finance Education Group), which was chaired by Shadow Minister for Energy and Climate Change MP Luciana Berger.

Tracey Bleakley, Pfeg Chief Executive, spoke about how a recent study carried out by Pfeg and the National Children’s Bureau revealed that most children worry about money and 93% of parents want financial education in schools.  The merits of a statutory debt management plan were discussed, and it was agreed to use the opportunity of the Curriculum Review to press for compulsory financial...
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Nov
2
Lib Dems call for proxy purchasing ban to cover all age-restricted goods
Posted by Laura McClelland on 02 November 2012 09:54 AM

Originally posted on 25-9-2012

At a Liberal Democrat Conference fringe meeting ‘Teenagers, Money and Safe Spending’ (Brighton, Monday 24 September) delegates backed calls for a ban on proxy purchase of tobacco and other age-related goods .  Around 40 delegates and observers attended the meeting, hosted by CitizenCard and Pfeg (Personal Finance Education Group), which was chaired by Ceredigion MP Mark Williams and Edinburgh West MP Mike Crockart. 

 

Tracey Bleakley, Chief Executive of Pfeg, spoke about how a recent study carried out by Pfeg and the National Children’s Bureau revealed that most children worry about money – just 2% don’t have their own money.  The average age at which children start to use a mobile is 8, and children are online from the age of 10.  93% of parents want financial education in schools.  Delegates discussed the merits...
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Nov
2

Originally posted on 12-9-2012

 

A survey* of 1,001 young people aged seven to 16 found less than half (43%) worried about personal finance. The Department for Education says it is considering making finance lessons mandatory as part of a wider review.

The study was commissioned by the charities National Children’s Bureau (NCB) and Personal Finance Education Group (PFEG). It also found nearly one in eight (12%) had borrowed money from family or friends they could not afford to repay.

Of those surveyed, 84% felt their school did not do enough to teach them about money matters and 96% believed that every school pupil should be taught to manage their finances.

Tracey Bleakley, chief executive of PFEG, said:

“It is crucial that we get young people actively involved in the campaign for financial education and it’s great to see their enthusiasm and ideas having a real impact on what...
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