Despite having one of the most developed financial markets in the world, children and young people in the UK generally have poor levels of financial literacy. This is a cause for concern, as financial education can help improve people’s financial security, making them less likely to get into debt or fall victim to fraud and more likely to have more disposable income.
Our report, kindly supported by Santander, looks at the state of financial education in the UK. Drawing on a nationally representative survey of primary and secondary school teachers in England, focus groups with teachers and in-depth interviews with experts.
The event featured contributions from SMF report author Dani Payne, Mike Regnier, CEO of Santander, Jonathan Seaton, CEO of Twinkl and Chair of the Education Select Committee, Robin Walker MP.