Established in 2021, the Centre for Financial Capability emerged as a pioneering force with a singular vision: to equip every child in the UK with essential financial skills and behaviours from a young age. Their inception was sparked by a pivotal Money and Pensions Service study, revealing that money habits begin to take shape by age 7. Their core is to unite leading figures in primary financial education to guarantee every child benefits from a robust and impactful financial learning journey, starting in primary school.
At the heart of their ethos is the belief in early financial literacy. They are committed to four key objectives: investing in the delivery of financial education, fostering innovative teaching methods, validating effective strategies through evidence, and advocating for increased funding in this crucial sector. Collaborating with government bodies, civil society organizations, and the business community, they are dedicated to enhancing both the reach and quality of financial education for the next generation.