MPs urge stranded assets to fund financial education
By Jean-Baptiste Andrieux 28
th May 2021 12:23 pm
Nearly 40 MPs and peers have signed a joint statement calling for financial education for every primary school aged child.
This call comes as financial education charities expressed concern about rumoured spending cuts to financial education in the Money and Pensions Service’s (Maps) upcoming budget.
Parliamentarians hope money can be found from unclaimed assets set to be released from the financial services sector by the Dormant Assets Bill.
Where this is not possible, the money is put into important social and environmental initiatives across the UK.
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