Written questions

Financial Services: Education

Lords · Question HL5422 · Tabled 3 Mar 2025 · Department for Education · Official record

Answered 17 Mar 2025

Question

Asked by Lord Storey

To ask His Majesty's Government what assessment they have made of the suggestion that money habits are set by the age of seven.

Answer

Answered by Baroness Smith of Malvern, 17 Mar 2025

The Money and Pensions Service (MaPS) is an arm’s length body of the Department for Work and Pensions and has a statutory duty to coordinate the UK strategy for financial wellbeing. This strategy includes a goal to ensure that two million more children an...