Press releases Uncategorised

People urged to consider financial wellbeing during coronavirus pandemic

The Money and Pensions Service (MaPS) is encouraging people to pay extra attention to their financial wellbeing during the coronavirus pandemic, and to consider what protective steps they can take now to avoid money worries later on. With coronavirus likely to cause disruption for a significant amount of time this year, the government-backed organisation is urging people to spend some time...
Reports Uncategorised

Children and young people’s financial capability – four to six year olds

Evidence suggests that talking to children about money before the age of seven is key to developing positive attitudes and skills around money management. The Money and Pensions Service (MaPS) has undertaken a qualitative study to better understand the financial skills, knowledge and attitudes of 4-6 year olds and their primary carers. The study aims to uncover how financial capability...
Blog Uncategorised

Join the 2030 Financial Wellbeing Challenge

Closing date for responses has now passed. For more opportunities to engage with the UK Strategy for Financial Wellbeing, sign up for the MaPS monthly newsletter, and follow us on Twitter or LinkedIn. The UK Strategy for Financial Wellbeing sets out five challenges – ambitious goals to improve the lives of millions of people by 2030. We are now looking at these priority areas in detail,...
Blog Uncategorised

Love and money: A pension penalty story

Our Strategy and Insights Director Sarah Porretta tells a tale of love and pensions for International Women’s Day. Are you sitting comfortably? Let me tell you a story, one that’s playing out in households across the UK right now: Sam and Alex are thirtysomethings with two kids. They decided a few years ago it made sense for Alex to work part time, as the childcare fees were,...
Press releases Uncategorised

11 sector leaders named who will help shape the UK’s future financial wellbeing

Challenge Group chairs will work towards the goals set in the UK Strategy for Financial Wellbeing 11 sector leaders who will head up cross-industry groups set up to help transform financial wellbeing are being named today by the Money and Pensions Service (MaPS). They will chair Challenge Groups which will recommend how the UK can achieve the five national goals set out in the...
26th February 2020
Reports Uncategorised

UK Children and Young People’s Survey – Financial Capability 2019

The UK Strategy for Financial Wellbeing establishes five “agendas for change” and sets goals to be achieved by 2030. One of these is two million more children and young people (CYP) getting a meaningful financial education by 2030. To support this aim, the Money and Pensions Service has conducted a nationally representative survey of the financial knowledge, attitudes and behaviours of 7- to...
21st January 2020
Press releases Uncategorised

UK Strategy for Financial Wellbeing sets out ten-year vision to improve millions of lives

Five priority areas to help people make the most of their money and pensions A new UK-wide strategy to transform the country’s financial wellbeing in a decade is being launched today by the Money and Pensions Service (MaPS) under its government mandate. Delivering on the strategy will transform the lives of many individuals, benefitting communities, businesses, the economy and wider...
21st January 2020
Blog Uncategorised

Pocket money in a cashless world: tips for Talk Money Talk Pensions Week

Our Strategy and Insights Director Sarah Porretta shares her own experiences of talking money with her family. A year ago during Talk Money Week 2018 I pledged to start giving my kids pocket money. As UK strategy director for financial wellbeing, I decided I really had to walk the talk and ensure I got my two children, aged three and four at the time, off to a good start. How I...
22nd November 2019
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