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Hector Sants: Why we need to teach our children about finance

City firms need to start investing so we don't create a vulnerable generation of investors

Evidence suggests that children start to learn vital money skills and habits between the ages of three and seven
Evidence suggests that children start to learn vital money skills and habits between the ages of three and seven Photo: Getty Images

Sir Hector Sants was formally chief executive of the Financial Services Authority and head of compliance at Barclays. He is currently chair of the Money and Pensions Service.

It has always been a significant irony that the UK is home to the second largest financial services market in the world, but the British are universally recognised as poor at talking about money.

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