Outcomes Frameworks

The Money Advice Service has developed four Outcomes Frameworks to help organisations to plan and evaluate interventions to improve the financial capability of Adults, Children and Young People, Parents and Teachers.


For each Framework there is a high level schematic, shown on each of the pages below, which summarises the key components of financial capability. Each high level schematic is accompanied by a full Framework, in the form of an interactive Excel spreadsheet, which contains outcomes with indicators and questions that you can use in surveys to measure changes in people’s financial capability.

How we developed the Outcomes Frameworks

The Frameworks for Adults and Children and Young People are based on the model that has been developed as part of the Financial Capability Strategy, through an extensive review of academic papers, research reports, evaluation reports, and consultation with sector experts and practitioners. The Money Advice Service issued a call for evidence in the summer of 2013, which attracted an array of submissions from organisations working in the field of financial capacity. Experts in the field also ontributed to the design of the Frameworks through workshops and interviews.

We worked closely with the following partners to develop the Outcomes Frameworks: New Philanthropy Capital, NatCen, Young Enterprise/pfeg, TNS BMRB and Family, Kids and Youth.

Use the links below to access the Frameworks:

1. Adults

For interventions that target adults aged 18 and above, with amended indicators for older adults and scope to develop further indicators for young adults as required.

2. Children and Young People and Parents

For interventions that target Children and Young People aged 3-18 with sets of age appropriate indicators for different age groups.

For interventions that seek to enhance parents’ capacity to support and develop their children’s financial capability.

3. Teachers

For interventions that seek to enhance teachers’ skills, knowledge and understanding to drive the effectiveness of financial education.