Research

Two years on from the pandemic, we, at the Money and Pensions Service (MaPS), have been looking at the effect the closure of in-person services during the pandemic had on the accessibility and delivery of debt advice in the UK. The idea for the research came from our UK Challenge Group, who were concerned that the overall fall in demand for debt advice seen during the pandemic was...

Following listening events in Northern Ireland and across the UK, The Money and Pensions Service (MaPS) launched the UK Strategy for Financial Wellbeing at the start of 2020. The Strategy is designed to bring partners together to transform the country’s financial wellbeing in a decade. UK Strategy for Financial Wellbeing Since then, MaPS has been coordinating proposals for a Delivery...

 Currently, only 48% of the UK’s children and young people receive a meaningful financial education. The Money and Pensions Service (MaPS) works with stakeholders as part of our role in coordinating the UK Strategy for Financial Wellbeing, to encourage an uplift in the delivery and impact of financial education for children and young people over the next eight years. One of our national...

UK Strategy for Financial Wellbeing Following listening events in Wales and across the UK, The Money and Pensions Service (MaPS) launched the UK Strategy for Financial Wellbeing in January 2020. The strategy is designed to bring partners together to transform the country’s financial wellbeing in a decade. Since then, MaPS has been coordinating proposals for a Delivery Plan for...

UK Strategy for Financial Wellbeing In 2020 the Money and Pensions Service (MaPS) launched the 10-year framework for achieving our vision of ‘everyone one making the most of their money and pensions’: the UK Strategy for Financial Wellbeing. Since then MaPS has worked with hundreds of partners in England and the whole of the UK, from across government, industry and the third...

Financial First Aiders pilot As an employer, it may come as no surprise that financial concerns impact your employees’ mental and physical health, and can even affect work performance. This may have become even more evident in your team in the Covid-19 pandemic, or during life events like maternity leave, bereavement or divorce. Research estimates that money worries cost the UK...

Understanding how to improve the quality of money guidance delivered across the UK In April 2021 the Money and Pensions Service (MaPS) began a pilot to improve the quality of money guidance delivered across the UK, by upskilling organisations and individuals providing money guidance to their service users. The Money Guiders Programme pilot (Phase 1) formally ended in October 2021. MaPS...

How can the Money and Pensions Service help connect people with pensions guidance? Many people do not seek freely available financial guidance that could help them to understand and make the most of their pensions. Tailored signposting, delivered at key moments, can help to engage people with financial guidance. Our ‘Smarter Signposting’ lab pilot explored ways that financial institutions...

Understanding how to scale the delivery of effective financial education for young people Evidence suggests that ‘just in time’ financial education can be particularly effective for young people before they embark into financial independence. However, in the UK, less than half of secondary school age children (42%) recall learning about...

The UK Strategy for Financial Wellbeing sets a national goal to ensure that two million more children and young people across the UK receive a meaningful financial education by 2030. This guidance, supported by the Department for Education, aims to support both primary and secondary schools to play their part in achieving this goal. Developed for school leaders, subject leads and...

Access to debt advice during Covid-19 pandemic

Delivery Plan for Northern Ireland

The Children and Young People Financial Education Innovation and Evaluation Programme

Delivery Plan for Wales

Delivery Plan for England

Holistic employee wellbeing: How to support financial wellbeing through peer-to-peer money guidance

Money Guiders Programme evaluation: headline report

Smarter Signposting to pensions guidance

Financial education for 16 and 17 year olds: pathfinder evaluation

Financial education guidance for primary and secondary schools in England

Managing money in uncertain times