Research Uncategorised

Measuring 4, 5 and 6 year olds’ financial capability: summary of workshop discussion

To help support UK Strategy for Financial Wellbeing goal of two million more children and young people receiving a meaningful financial education by 2030, the Money and Pensions Service (MaPS) facilitated a workshop with subject matter experts to explore how the financial capability of 4, 5 and 6 year olds and their carers can be measured. We know that children start to learn vital money...
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The Savings and Credit Pathfinders Programme – evaluation report

Many people who need help with their money are unaware of, unable or unwilling to receive support. Evidence suggests that people can be effectively reached and engaged with money help through other familiar channels and systems. Our Savings and Credit Pathfinders Programme aimed to design and explore ways to do this in practice and at scale, funding twelve projects across three...
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Young people and money: a review of young people’s use of online information and advice

Existing evidence shows that when seeking help with money questions offline, young people value one-to-one advice from trusted intermediaries. However, online, young people use multiple platforms to seek money guidance. The internet appeals to young people as a source of advice. Yet, despite its many advantages, the online world can be overwhelming and confusing, and locating reliable,...
Financial wellbeing blog Uncategorised

Four things Covid-19 highlighted about financial education

This Global Money Week, children and young people policy manager Zoe Renton shares four things the Covid-19 pandemic and recovery highlight about delivering meaningful financial education. There is a real opportunity to ensure that families are supported to build their children’s money skills, young people get targeted money guidance, financial education programmes are tailored to...
Financial wellbeing blog Uncategorised

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

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...
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Evaluation of embedding Talk, Learn, Do in Wales

The role that parents and carers play in talking to their children about money is key. If you’re involved in delivering or designing financial education support initiatives for parents and families, these reports will help to inform your policy development and practical solutions. The Money and Pensions Service (MaPS) coordinates the UK Strategy for Financial Wellbeing by...
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Financial education provision mapping 2019 – final report summary

To help support the UK Strategy for Financial Wellbeing’s goal of two million more children and young people receiving a meaningful financial education by 2030, the Money and Pensions Service (MaPS) and UK Finance came together to map the current state of financial education delivery and reach across the UK. With the support of HM Treasury, the provision mapping work aims to build an...
Financial wellbeing blog Uncategorised

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

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...
Press releases Uncategorised

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

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...
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