The right tech-head at the table is key to contributing to the view that anything is possible while viewing the perspective through the prism of client desires and commercial imperatives. As in all parts of the business, the right mind, the right experience and the right zeal moves us from fit for purpose to frigging fantastic
Yet helping young savers stay safe is not the same as helping them become financially responsible. In this regard, the industry could do more. For instance, payment products should ensure that regular balance updates are provided via text or a mobile app to help a child keep on top of their spending.
"No Jam today", "pump up the Jams", Chancellor in a Jam": an initially staid acronym for 'Just About Managing' families coined by the new Chancellor of the Exchequer has morphed into a major political buzzword in just a matter of days. At its current growth rate, it's got all the ingredients of a meme.
This month marks the second anniversary of the inclusion of financial literacy on the national curriculum in England. Following years of campaigning, a petition signed by 118,000 people, and a parliamentary debate, the change to the syllabus was introduced in September 2014. Two years on, and there is still much to be done.
Like all parents I try my best to do what I think is right. No doubt I mess up at times, I might be raising financially illiterate kids (the signs are otherwise; my son is a keen negotiator when buying records). My main motivation is to try and make my kids childhood as stressfree as I possible. I'd be interested to know what approach you take.
For many young people managing money can be confusing but many of us are lucky enough to have the safety net of friends and family to help us get to grips with the challenges. For vulnerable young people, who may face difficult family relationships, are in and out of care or have nowhere permanent to live, not having basic budgeting skills can leave them "just coping" to get by.
Productivity. It's a word that strikes boredom into the heart of the majority of people. And I'll grant you, it's hard to get excited about a measure of input versus output value per worker, per hour. But it is a vital measure of how we're doing as a country. And since the economic crash, productivity in the UK, and many Western economies, has been absolutely dire and shows little sign of sustainable growth in the future.
If we could turn the page, start afresh and work together; commit ourselves to financial and enterprise education across the curriculum at all stages and do whatever it takes to really engage young people, perhaps will we see a new generation free from this crippling fear of debt and unemployment. Surely we have to try?
This year I attended both the Conservative and Labour Party conferences in my capacity as Chief Executive of the charity Young Enterprise. It's now a couple of weeks since the conferences and I've had time to digest and reflect not only on what was achieved there but also where it was achieved...
Companies design for planned obsolescence - so that products breakdown forcing us to buy more and more often. But it was us that created psychological obsolescence. We want the newest, shiniest whatever the second it is available regardless of whether the slightly older, slightly less shiny thing is still working perfectly or is in no way demonstrably inferior.