Introduction to Financial Capability Week

Thank you!

The first ever Financial Capability Week is over and we wanted to thank everyone who got involved and attended the various events during the week. Please keep an eye out for further updates and summaries of the week. If you’d like to find out more about the week in 2016, then please take a look at the video below.

We are delighted to announce that, following the success of the week in 2016, Financial Capability Week will take place again between 13 – 19 November 2017.

What is it?

The first Financial Capability Week took place between 14 – 20 November 2016. The purpose of the week is to raise awareness of the importance of financial capability, what it means and the organisations involved in making a change.
Financial capability is people's ability to manage their money well - both day to day and through life events (such as redundancy, bereavement and divorce) that might upset someone's financial stability.

There are hundreds of organisations in the UK who are involved in tackling the issue of low financial capability. They know the challenge we face in making sure people are prepared for financial shocks and able to achieve their financial goals. The Financial Capability Strategy aims to amplify these messages so that we can achieve the large-scale change needed. The purpose of Financial Capability Week is to raise awareness of the importance of financial capability and relevant initiatives by organisations working in this area, highlighting key issues to policy makers and the media. The week is not directly consumer facing.

Get involved!

If you are interested in finding out more, or participating in 2017 then please tweet us at @fincapstrategy or email at fincapweek@moneyadviceservice.org.uk

Financial Capability Week 2016

In 2016 Financial Capability Week took place between 14 – 20 November. The week saw a number of events exploring various topical financial capability issues. Below you can find a summary, more information, and picture from the week.

Monday 14 November: The Launch of Financial Capability Week 2016

The week was launched in the Bank of England Museum by Martin Lewis (founder of MoneySavingExpert.com) and Andy Briscoe (Chair, Financial Capability Board)

Monday 14 November: Children, Young People and Money

A parliamentary reception, hosted by Suella Fernandes MP (Chair, APPG on Financial Education) to launch new research on why we should teach children about money.

Tuesday 15 November: The Symptoms of Debt

A roundtable in the House of Commons to discuss high level findings of an upcoming report on the Symptoms of Debt. Please contact lara.greer@moneyadviceservice.org.uk for more information

Tuesday 15 November: The Economics of Financial Capability

A roundtable, at the London Stock Exchange, to discuss a newly launched report on the economic benefits of raised levels of financial capability in the UK.

Wednesday 16 November: Financial Capability in the Workplace

A panel event focusing on financial capability in the workplace. Aimed at employers and HR professionals the event focused on financial capability initiatives; what works, what is challenging and how to spread best practice.

Thursday 17 November, all day: The Financial Capability Conference

The second annual Financial Capability conference, which introduced the Financial Capability Strategy and looked back over its first year. Delegates also attended breakout sessions themed around Gender, Confidence and Health & Wellbeing. The day finished with a look towards the Strategy in 2017.