MAS launches £400k project to help parents teach kids budgeting skills

Jenna Towler
clock

The Money Advice Service (MAS) has linked with the Big Lottery Fund in Wales to launch a £400,000 pilot scheme designed to help parents teach their kids about money.

MAS said the three-year joint project, Talk, Learn, Do: Parents, Kids and Money, would "motivate parents" and give them confidence when discussing money matters with their children. Parents will be taught how to encourage self-control, perseverance, sensible attitudes to money and setting financial goals in their children. Almost half of all local authorities in Wales have signed up to the initiative and it is projected to reach as many as 1,000 parents and 1,600 children aged three to 11. MAS chief executive Caroline Rookes said: "This project is the next step in a new way of doin...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

New regulations and challenges in the EU and UK: What are advisers' next moves?

New regulations and challenges in the EU and UK: What are advisers' next moves?

Regulatory simplification vs expanding oversight

Bernadine Reese
clock 16 July 2026 • 4 min read
FCA investigates 11 potential Consumer Duty breaches including small IFA

FCA investigates 11 potential Consumer Duty breaches including small IFA

Publishes good practice review

Michael Nelson
clock 13 July 2026 • 4 min read
Advertising watchdog censures whisky cask and gold investment firm

Advertising watchdog censures whisky cask and gold investment firm

ASA upholds four complaints against Cap Group

Isabel Baxter
clock 08 July 2026 • 3 min read