London-based Engage Financial Services has partnered with The Money Charity to support the delivery of free financial education to people aged 11-to-19 throughout the UK.

The firm will donate a minimum of £5,000 per year over five years, sponsoring up to 125 hours of money management coaching in schools and reaching more than 3,000 young people.

The Money Charity provides free sessions throughout England, Northern Ireland and Wales. It has reached more than 190,000 young people since its inception.

Engage managing director Sam Sloma (pictured) said: ‘Giving back is a core value of Engage, and one of our key business metrics is how many people we have impacted. This furthers our commitment to helping more people gain valuable financial education.’

The Money Charity offers multiple interactive modules and subjects tailored to KS2, KS4 and post-16 age groups. More than 90% of participants surveyed by the charity have stated they found the workshops valuable, useful and informative.

Stephanie Fitzgerald, head of young people’s programmes at The Money Charity, added: ‘We are thrilled to receive Engage’s support and partnership, which will make a real difference as we strive to continue improving the financial capability of the UK’s young people.’

Sloma and Engage are members of professional development group NextGen Planners, which also announced a partnership with The Money Charity in 2018.