| answer text |
<p>The government is committed to improving financial capability among the public
and recognises that increased financial capability for consumers will lead to better
outcomes for both individuals and the wider economy. Helping hard-working people achieve
their aspirations at every stage of their lives is at the heart of our long term plan.
That is why we launched the Public Financial Guidance consultation in Budget 2016
to seek input on what role the government should play in promoting financial capability<strong>,</strong>
and how the public provision of free-to-client, impartial financial guidance should
be structured to give consumers the information they need to make financial decisions.
The consultation closed on 8 June. The government is currently considering the responses
and will respond in the Autumn. The government recognises the importance of giving
young people the skills they need to make financial decisions, which is why financial
education has been on the national secondary school curriculum in England since September
2014.</p>
|
|
