1. Mark Fiander Director of Strategy and Innovation Financial education in the UK: before, during and after school

2. About the Money Advice Service To enhance the understanding and knowledge of members of the public of financial matters; To enhance the ability of members of the public to manage their own financial affairs. Coordinate the provision of debt advice Set up by UK parliament to

3. Our services to the public

4. What influences financial behaviour? 4

5. New school curriculum in England 5 Through mathematics, pupils should be taught to… …develop their use of formal mathematical knowledge to solve and devise problems within and outside mathematics, including financial mathematics Through mathematics, pupils should be taught to… …develop their use of formal mathematical knowledge to solve and devise problems within and outside mathematics, including financial mathematics Through citizenship, ensure that all pupils… …are equipped with the financial skills to enable them to manage their money on a day-to-day basis as well as to plan for their future financial needs. Through citizenship, ensure that all pupils… …are equipped with the financial skills to enable them to manage their money on a day-to-day basis as well as to plan for their future financial needs.

6. Financial behaviour is learnt early 6 Children learn most through observation and experience By the age of 7 most children have… Learnt to recognise money, where it comes from and where it goes Developed ‘executive functions’ – eg planning ahead, delayed gratification, irreversible decisions Mainly from their parents

7. Our young people strategy Resources for parents and practitioners Especially for early years 16-18-year-olds (transition age) Peer led Insight and evaluation Do more of what works 7

8. 8 mark.fiander@moneyadviceservice.org.uk