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:
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.
To find out more or to express interest in becoming a supporting organisation, please contact appg@y-e.org.uk
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.
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.
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.
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.
Labour
Clive | Betts MP |
Paul | Blomfield MP |
Stella | Creasy MP |
Bill | Esterson MP |
Mary | Glindon MP |
Lilian | Greenwood MP |
Nia | Griffith MP |
Fabian | Hamilton MP |
Margaret | Hodge MBE MP |
Sharon | Hodgson MP |
Diana | Johnson MP |
Shabana | Mahmood MP |
Alison | McGovern MP |
Catherine | McKinnell MP |
Jessica | Morden MP |
Lisa | Nandy MP |
Yasmin | Qureshi MP |
Jonathan | Reynolds MP |
Andy | Slaughter MP |
Nick | Smith MP |
Graham | Stringer MP |
Gareth | Thomas MP |
Stephen | Timms MP |
Jon | Trickett MP |
Claire | Hazelgrove MP |
Andrew | Ranger MP |
David | Baines MP |
Shaun | Davies MP |
David | Burton-Sampson MP |
Derek | Twigg MP |
Conservative
Harriett | Baldwin MP |
John | Baron MP |
Bob | Blackman MP |
Suella | Braveman MP |
Gareth | Davies MP |
Caroline | Dinenage MP |
Mark | Garnier MP |
John | Glen MP |
Rebecca | Harris MP |
Damian | Hinds MP |
Robert | Jenrick MP |
Caroline | Johnson MP |
Eleanor | Laing MP |
Jerome | Mayhew MP |
Caroline | Nokes MP |
Chris | Philp MP |
Mark | Pritchard MP |
David | Simmonds MP |
Blake | Stephenson MP |
Gareth | Davies MP |
Gavin | Williamson MP |
Liberal Democrats
Tim | Farron MP |
Lisa | Smart MP |
Other
Gregory | Campbell MP MLA |
Ben | Lake MP |
Lord | David | Blunkett |
Viscount | Brookeborough | |
Baroness | Jean | Coussins |
Earl | Merlin | of Erroll |
Lord | Howard | Flight |
Baroness | Tanni | Grey-Thompson |
Lord | Robin | Hodgson |
Baroness | Anne | Jenkin |
Baroness | Judith | Jolly |
Lord | Nigel | Jones |
Lord | Roy | Kennedy |
Baroness | Helen | Liddell |
Lord | Ian | McColl |
Lord | Francis | Northbrook |
Baroness | Sue | Nye |
Lord | Lawrence | Sawyer |
Lord | Robin | Teverson |
Lord | David | Triesman |
Baroness | Patience | Wheatcroft |
Baroness | Amanda | Sater |
Lord | Guy | Sandhurst |
Lord | Iain | McNicol |
The Earl of Effingham |
Supporters of the aims of the group range from MPs and financial education organisations to key personal financial experts:
•ABCUL
•Action for Childen
•AEGON UK
•AQA
•ASDAN
•Association of British Insurers
•Association of Business Recovery Professionals
•Association of Colleges
•Association of Teachers & Lecturers (ATL)
•Bank of America Merrill Lynch
•Barclays Bank PLC
•Barclays Wealth
•British Bankers’ Association
•British Youth Council
•Carleton Financial Planning Ltd
•Capital One Bank (Europe) plc
•Christians Against Poverty
•City Pay it Forward
•Citizens Advice
•Consumer Finance Association
•Debt Advice Foundation
•Ecology Building Society
•Economics, Business and Enterprise Association (EBEA)
•Edexcel
•Equifax plc
•Experian Ltd
•Fidelity International
•Finance & Leasing Association
•Financial Skills Partnership
•Heathcroft Communications
•HSBC UK
•ICAEW
•ifs School of Finance
•Institute for Citizenship
•Institute for Credit Management
•Investment Management Association
•J.P. Morgan
•Learn About Finance
•Lloyds Banking Group plc
•London Citizens
•M&G Investments
•The Money & Pensions Service
•Money Advice Trust
•MoneySavingExpert.com
•MyBnk
•NASMA (National Association of Student Money Advisers)
•NASUWT
•National Association for Managers of Students Services in Colleges
•National Foundation for Educational Research
•National Numbers Partners Consortium
•Nationwide Building Society
•NUS (National Union of Students)
•OBSR
•Ofsted
•Prudential UK and Europe
•PSHE Association
•RBS
•RNIB
•Santander
•School Councils UK
•Specialist Schools and Academies Trust
•Standard Life plc
•The Association of Investment Companies
•The Chartered Institute of Payroll Professionals
•The Co-operative Financial Services
•The Money Charity
•The National Skills Academy for Financial Services (NSAFS)
•The Royal Bank of Scotland
•The Share Centre
•Toynbee Hall
•The UK Cards Association
•Trading Standards Institute
•UCAS
•UK Youth
•University and College Union
•Visa Europe
•Which?
APPG on Financial Education for Young People:
Inaugural Meeting 2024
Monday 9th September 204 4:30-5:30pm
Click here to download the minutes document
AGM Minutes 2024
Wednesday 7th February 2024 10am-12pm
Click here to download minutes document
AGM Minutes 2023
Wednesday 23rd May 2023 9.30-10.30am