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

Money Advice Service research shows that around two fifths of Scottish adults aren’t confident managing their money


In Scotland we are working together across sectors to:

  • increase the number of people taking up basic money advice products and ensure the needs of vulnerable groups are met
  • help people develop their knowledge and prepare young people for financial challenges in adult life
  • increase the proportion of people with problem debt seeking help and provide better support for affordable credit
  • increase the number of people with a savings buffer and improve retirement planning.

Scotland Strategy

The Scotland Strategy and its action plans were developed in consultation with a wide number of stakeholders across Scotland including the Scottish Government, local government, public bodies, the advice sector, housing associations, third sector organisations and financial services providers. It sets out how the Money Advice Service will work with the sector to improve financial capability.

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Scotland forum

Latest News

  • Wednesday 10 April 2019

    Your views needed: A money guidance practitioner framework

    Read more
  • Tuesday 26 March 2019

    Listening events: share your views with The Money and Pensions Service

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  • Wednesday 6 March 2019

    Financial wellbeing in the workplace webinar

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The Strategy across the UK

As well as the UK Strategy, there are strategies for Northern Ireland, Scotland and Wales.

Financial capability in action

Usage and experiences of high-cost credit: consumer research report

Five per cent of adults in Scotland have used high-cost short-term credit in the last year. The Financial Conduct Authority commissioned PwC to conduct research to explore consumers’ use and experience of high-cost credit products.

Read the report

Talk Money Talk Pensions Week: 18-22 November

18-22 November 2019 marks an annual celebration of the work thousands of organisations are doing to help people manage their money and pensions. For quick ways to help people talk about their finances and build financial wellbeing, download our Talk Money, Talk Pensions Week participation pack.

Download participation pack

Income roulette: a study of UK financial resilience

Every year, almost one million people in the UK are unable to work for a month or more because of sickness or an accident. A study by insurers LV examines the sections of society most vulnerable to financial difficulties in the event of a sudden loss of income.

Learn more