London Institute of Banking and Finance · 2021
This annual survey tracks the delivery of financial education in UK secondary schools and assesses the financial capability of young people aged 15–18. Key findings show that only 64% of students have access to financial education in school — unchanged from the previous year — and 75% say they get most of their financial understanding from parents rather than school. Despite this, 83% of young people want more financial education in school, and 67% worry about their personal finances, with 59% reporting that Covid-19 has made them more anxious about money. The report concludes that financial education should be made a statutory requirement and included in the Ofsted Framework.