The UK scores less well at planning ahead than at managing day to day.
The Strategy was launched in 2015 to bring together employers, charities, government and business to collaborate and take action to permanently address these and other issues, giving people the control and confidence to make the most of their money - from pocket money to pensions.
This Strategy aims to improve financial capability across the UK. That means improving people’s ability to manage money well, both day to day and through significant life events, and their ability to handle periods of financial difficulty. It will focus on developing people’s financial skills and knowledge, and improving their attitudes and motivation. This, combined with an inclusive financial system, can help people achieve the best possible financial wellbeing.Learn more
Different life stages have an effect on people's ability to manage their money.
Press release: Monzo, the Money Advice Service and the Behavioural Insights Team partner to use behavioural science to help people manage their money betterRead more
Press release: Financial Capability Strategy Board calls on stakeholders to rally around key Calls to Action for addressing financial capability in the UKRead more
12 November: Improving the financial skills of young LondonersRead more