Evaluation Scotland Wales

People in Wales are more likely to struggle financially, compared to the UK average

Wales

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The Wales Financial Capability Strategy is embedded into the Welsh Government’s financial inclusion strategy and has wider links across the programme for government.

A Wales forum is working together to identify the key priorities and actions in the Wales Financial Capability Strategy, such as:

  • increase the uptake of advice services, particularly among families with children and among older people
  • increase and share learnings from interventions that help people to build financial resilience
  • make sure all financial education in Wales is consistent in all learning environments, for all learners
  • evaluate financial capability interventions in Wales in a way that helps us identify what works well.

Wales Strategy in detail

A key aim of The Strategy will be to listen to and understand more fully the differing capabilities of, or barriers faced by, young adults in order to enable more effective, sustainable and engaging financial capability approaches to be developed.

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Latest News

  • Thursday 15 November 2018

    Press release: Monzo, the Money Advice Service and the Behavioural Insights Team partner to use behavioural science to help people manage their money better

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  • Wednesday 14 November 2018

    Press release: Financial Capability Strategy Board calls on stakeholders to rally around key Calls to Action for addressing financial capability in the UK

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  • Thursday 1 November 2018

    12 November: Improving the financial skills of young Londoners

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The Strategy across the UK

As well as the UK Strategy, there are strategies for Northern Ireland, Scotland and Wales.

Financial capability in action

Evaluation report published for ‘Talk, Learn, Do’

Since 2016, our project ‘Talk, Learn, Do’ has been encouraging parents across Wales to talk to their children about money. Read the findings from the pilot.

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Talk Money Week: 12-18 November 2018

Talk Money Week (the new name for FinCap Week) is the annual celebration of the work thousands of organisations are doing to improve money management across the UK.

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Children and young people financial capability commissioning plan: Consultation workshop

Join this workshop to consult on our emerging commissioning intentions, to be held at the Radisson Blu Hotel, Cardiff, on 10 October from 11am to 3pm.

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