Financial education is increasingly recognised as a fundamental life skill, and with nearly a quarter of UK adults saying that they have low confidence in managing their money and children’s attitudes towards money being established by the age of 7, it is vital that children and young people have access to a meaningful financial education from a young age.

This report explores how UK Finance members are supporting education providers, community leaders and parent carers to improve the financial literacy levels of all children and young people, including those that are in vulnerable circumstances, creating a generation who have the financial skills required for future financial stability, resilience and independence.

Whilst the financial services industry voluntarily delivers financial education to millions across the UK, we estimate that we are only reaching 40% of school children. Our Financial Services Manifesto calls for the government to fully integrate financial education into the national curriculum by making the lessons mandatory for all schools and support its delivery by significantly increasing the central support and funding from government.