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

People in Wales are more likely to struggle financially, compared to the UK average


View in Welsh / Edrychwch ar y dudalen hon yn Gymraegopens in new window

The Wales Financial Capability Strategy is embedded into the Welsh Government’s financial inclusion strategy and has wider links across the programme for government.

A Wales forum is working together to identify the key priorities and actions in the Wales Financial Capability Strategy, such as:

  • increase the uptake of advice services, particularly among families with children and among older people
  • increase and share learnings from interventions that help people to build financial resilience
  • make sure all financial education in Wales is consistent in all learning environments, for all learners
  • evaluate financial capability interventions in Wales in a way that helps us identify what works well.

Wales Strategy in detail

A key aim of The Strategy will be to listen to and understand more fully the differing capabilities of, or barriers faced by, young adults in order to enable more effective, sustainable and engaging financial capability approaches to be developed.

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Latest News

  • Wednesday 10 April 2019

    Your views needed: A money guidance practitioner framework

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  • 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

Evaluation report published for ‘Talk, Learn, Do’

Since 2016, our project ‘Talk, Learn, Do’ has been encouraging parents across Wales to talk to their children about money. Read the findings from the pilot.

Learn more

Talk Money Talk Pensions Week: 18-22 November 2019

18-22 November 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

Supportive Council Tax recovery guidance for local authorities

Council Tax debt is now the most common reason that people seek debt advice. The Money Advice Service has published guidance for supportive Council Tax recovery, including good practice and case studies.

Learn more and download guide