Financial Foundations | The Money and Pensions Service

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...

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...

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...

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...

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,...

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...

Four things Covid-19 highlighted about financial education

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

Financial education provision mapping 2019 – final report summary

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

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

Join the 2030 Financial Wellbeing Challenge

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