Youth Financial Capability Group (YFCG)

The Youth Financial Capability Group (YFCG) brings together charities who have a significant focus on developing the financial capability of young people within the UK. 

Current members:

We are independent organisations that share a common vision for a society in which all children and young people can manage their money, make informed financial decisions, and ultimately achieve financial wellbeing. Collectively we reach around a quarter of a million children and young people and over 8000 teachers and youth workers annually. We are focused on the financial education part of the wellbeing equation. 

What we do

We provide high quality, relevant, and age appropriate support using a range of approaches, all involving relevant, engaging content delivered by experts. Between us we: 

  • design and deliver financial education programmes to young people.
  • offer awards and qualifications to accredit learning resources.
  • provide professional development for teachers and other practitioners working with children and young people.
  • make quality teaching and learning resources available and accessible to practitioners.
  •    influence policy and strategic decisions of Government and other key agencies.

We are not providers of financial services or products, policy makers, research organisations or funders, but we recognise their influence and will collaborate with these groups to improve the financial wellbeing of children and young people. 


All of us are specialists in this sector, but we would like to see a more joined up, aligned approach for the benefit of financial capability for all young people. We have collaborated to produce: 

  • The Financial Education Planning Frameworks for both primary and secondary schools, helping teachers identify and provide age-appropriate content and outcomes.
  • The Financial Education Guide for Schools, identifying how the different approaches of each member can be combined to provide a holistic package of support for teachers to choose the right approach for their children and young people – direct delivery, qualifications, training and/ or resources.
  • A joined up approach to public affairs, such as consultation responses, campaigning, lobbying and policy papers, underpinned by our Joint Policy Position.

We all support ‘meaningful financial education,’ in particular, referencing the Financial Education tract of the Money and Pension Service (MaPS) Financial Wellbeing Strategy for the UK. 


The group may invite additional members in line with the below guiding principles: 

  • Not for profit, with significant focus on financial education serving young people aged 3-25.
  • Signed up to the Financial Capability Strategy Impact Principals, acknowledging commitment to quality and impact of provision.
  • Operating at some scale, directly or indirectly reaching at least 10,000 young people per year in one or more regions of the UK.
  • Chief Executive or senior representation.

Guests are invited to the group on occasion.  These are not members, but their input will support the group. MaPS will be a regular guest.