Evaluation Scotland Wales
The UK Strategy for Financial Wellbeing is taking forward the work of the Financial Capability Strategy Opens in a new window

This Strategy is UK-wide but, where appropriate, has developed nationally-specific actions that recognise and address the policy contexts of each nation.

UK Strategy

The UK scores less well at planning ahead than at managing day to day.

  • Just over half of the population save every month or most months. But far fewer have a significant emergency fund.
  • Only one in two working-age people are currently paying into a pension.
  • Only a third of over-50s have even the roughest plan for how they will pay for long-term care.

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.

Strategy extract

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.

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Life stages across the UK

Latest News

  • Wednesday 27 October 2106

    Half of young Brits want more financial education from banks

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  • Thursday 16 August 2018

    Register for the Financial Resilience in Later Life Seminar, April 27th Edinburgh

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  • Monday 23 July 2018

    Test News Page

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The Strategy across the UK

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

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