Rathbones welcomes government commitment to financial education to improve long-term planning outcomes

The government has announced that financial education will be incorporated into the school curriculum from 2028 to strengthen financial literacy. Rathbones calls for sustained dialogue with experts to ensure the initiative meets its objectives. Robust financial literacy is essential for effective planning throughout life, particularly in light of the significant intergenerational wealth transfer ahead.

Commenting, Helen Wilson, Head of Responsible Business, said: “We welcome the government’s commitment to embed financial education in the national curriculum. At Rathbones, we believe a healthy and informed relationship with money – and the confidence to manage it – starts early and is essential for building resilience and opportunity through life. 

“Through our partnerships with organisations such as Young Enterprise and Money Ready, we’ve seen the transformative impact of equipping young people with practical money skills during their formative years. 

“Financial literacy is crucial at every stage of life, and early planning can significantly improve long-term outcomes, including, indeed, for retirement. Instilling financial fluency in the curriculum is a vital step towards ensuring every child has the tools to make informed decisions and set themselves up with a strong financial foundation, benefitting both individuals and the wider economy. 

“As the government prepares to announce further details next year, we would encourage continued dialogue with businesses and charities already delivering financial education, so that together we can shape an approach that is practical, inclusive and impactful.”