APPG on Financial Education

The APPG on Financial Education for Young People has re-formed in the new parliament, you can view the minutes of the group’s inaugural meeting here.


Young Enterprise provides the Secretariat for the All Party Parliamentary Group on Financial Education for Young People. The APPG launched in January 2011 and has since grown to be one of the largest groups of its type within Parliament.

The purpose of the group is to provide a medium through which MPs, Peers and organisations with an interest in financial education, can:

  • Discuss the current provision of financial education in schools and colleges
  • Ensure young people are equipped to make informed financial decisions
  • Help make resources and qualifications available to young people in education
  • Support schools in the delivery of financial capability
  • Encourage the introduction of a requirement on schools and colleges to provide financial education

We work with Parliamentarians and the civil service to ensure that financial education is raised frequently in the House of Commons – building relationships with individual parliamentarians, Select Committees and other APPGs providing information and briefings for debates and parliamentary questions. In 2014, the APPG was successful in lobbying for financial education to be added to the secondary curriculum.

How to get involved

To find out more or to express interest in becoming a supporting organisation, please contact appg@y-e.org.uk

APPG Officers

  • Jerome Mayhew MP (Chair, Cons)
  • The Rt Hon Lord David Blunkett (Vice-Chair, Labour)
  • Claire Hazelgrove MP (Vice-Chair, Labour)
  • Baroness Amanda Sater (Vice-Chair, Cons)

Read the APPG’s latest report: Building Beyond Barriers – A roadmap for enhancing financial education in schools


In February 2023, the APPG published an inquiry report exploring the barriers facing schools in delivering financial education*.

With contributions from hundreds of teachers across primary and secondary settings, and evidence submitted by stakeholders from across a diverse range of sectors, the report outlines a series of recommendations to help build increased financial capability in future generations of young people.

Download the report
Download the Executive Summary and recommendations
Download the survey findings
Download the launch event presentation

*This enquiry involved a survey of 400 teachers which was funded by HSBC UK.

Read the APPG’s follow up piece Building Solutions Together: Educator Roundtable Report

In December 2023, the APPG on Financial Education for Young People hosted a roundtable with educators from across England to discuss the barriers raised in the APPG’s inquiry, Building Beyond Barriers, and potential solutions to help overcome these. This in-person session included six educators sourced by Young Enterprise, Secretariat to the APPG, Baroness Sater, Vice-Chair of the APPG, and was facilitated by the Schools, Sutdents and Teachers network (SSAT) with a report written by IFF Research.

This roundtable fed directly into the APPG’s response to the Education Committee inquiry into Financial Education (launched November 2023) to ensure that teachers voices were centred in discussions of improved support, guidance and resources. You can view the APPG’s written evidence to this inquiry here and the Chair’s response to the Committee’s recommendations here.

Download the Educator Roundtable Report

Past Parliamentary inquiries

In September 2024, the Department for Education opened a call for evidence for the Curriculum and Assessment Review, calling on views of what should be changed, strengthened and altered in the national curriculum and assessment processes. The APPG submitted a response foregrounding evidence from previous APPG inquiries along with evidence from the sector at large, advocating for meaningful financial education to be made mandatory at every age and stage. You can read an executive summary of the APPG’s response here.

In November 2023, the Education Select Committee opened an inquiry into improving financial education in schools. The APPG on Financial Education for Young People submitted a detailed written response, including fresh information gathered from our Building Solutions Together Educator  Roundtable organised in response to this inquiry. You can read the APPG’s response in full here.

In May 2021, 38 MPs and Peers signed a Joint Policy Statement on the importance of financial education at primary level. The Telegraph covered this on 28th May 2021. This led to the APPG launching an inquiry into primary-aged financial education and in early July, the report was published. Read the report.

In 2019, the APPG published its report into children in care and financial education. Read the report.

Following the introduction of financial education into the English secondary national curriculum in 2014, the APPG held an inquiry into the impact and effectiveness of financial education on young people. Published in May 2016, this inquiry was the first of the new Parliament. Read the report.

The Primary and Secondary strand of the group launched an inquiry into Financial Education in the Curriculum in March 2011. The inquiry report was launched in December 2011. Read the report.

To complement this inquiry, the Further Education strand also launched an inquiry into the provision of financial education in further education institutions. The report was published in September 2012. Read the report.

Disclaimer

This is not an official website of the House of Commons or the House of Lords. It has not been approved by either House or its committees. All-Party Parliamentary Groups are informal groups of Members of both Houses with a common interest in particular issues. The views expressed in these webpages are those of the group.