financial education | The Money and Pensions Service

Policy manager Sophia Spence-Cheng shares thoughts on a new £900,000 programme funded by the Money and Pensions Service that tests innovative ways to deliver meaningful financial education to children and young people across the UK. Here at the Money and Pensions Service (MaPS), we lead on a vast programme of policy, research, and insight to understand what works in the provision and...

Policy managers Zoe Renton and David Marjoribanks share six pilots funded by the Money and Pensions Service (MaPS) to test scalable ways to build financial wellbeing. Children and Young People Pathfinders: testing the delivery of financial education at scale Our £1.8m Children and Young People (CYP) Pathfinder programme tests the delivery of financial education at scale...

New financial education guidance for primary and secondary schools in Scotland has been launched today, endorsed by the Scottish Government. The guidance, which has been created by the Money and Pensions Service, as part of the drive to support financial wellbeing and the delivery of financial education for people across the UK, is designed to encourage conversations about...

The UK Strategy for Financial Wellbeing sets a national goal to ensure that 150,000 more children and young people growing up in Scotland receive a meaningful financial education by 2030. This guidance, endorsed by Scottish Government, aims to support both primary and secondary schools to play their part in achieving this goal. Developed for school leaders, subject leads...

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...

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,...

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,...

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...

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...

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...

Testing what works and addressing gaps in financial education: eight pilots for children and young people

Building financial wellbeing at scale: six pilots for children and working adults

New guidance launched to help schools in Scotland enhance financial education for primary and secondary pupils

Financial education guidance for primary and secondary schools in Scotland

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

Join the 2030 Financial Wellbeing Challenge

Love and money: A pension penalty story

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

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

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

Coronavirus and personal finances