Evaluation Scotland Wales
The UK Strategy for Financial Wellbeing is taking forward the work of the Financial Capability Strategy Opens in a new window

Steering groups and forums

The role of the steering groups and forums

A number of steering groups have been established to guide the delivery of the different aspects of The Strategy that apply to England and the rest of the UK. Groups have been established for:

Separate groups (forums) have been set up in Scotland, Wales and Northern Irelandopens in new window.

The Debt Advice Steering Group (DASG) – already established by the Money Advice Service Board – will be the main mechanism for delivering the priorities of The Strategy relating to people with financial difficulties.

The Money Advice Service’s Research and Evaluation Group (REG) will provide expert advice and guidance in relation to the evidence and evaluation strand of The Strategy.

The Money Advice Service is considering the creation of an expert group to advise on financial technology (“fintech”) and how this can be harnessed to help achieve the aims of the Strategy.

The steering groups will provide guidance and recommendations to the entire sector on their specific theme. This will include analysis and insight of:

  • evidence around what works
  • progress and evolution of the action plan
  • and prioritisation of activities and resources needed to maximise collective impact.

The steering groups are made up of organisations, from across all sectors, such as government departments, regulators, research bodies, voluntary sector organisations, trade associations, consumer groups and financial services firms.