UK DfE – Improving adult financial literacy though Fintech

Stephen Campbell made this Freedom of Information request to Department for Education Automatic anti-spam measures are in place for this older request. Please let us know if a further response is expected or if you are having trouble responding.

Department for Education did not have the information requested.

Dear Department for Education,

Under the Freedom of Information Act 2000, please provide records held regarding assessments made on the potential for digital budgeting apps and mobile banking to improve financial literacy and money management skills among adults.

Specifically, I am interested in information the Department holds on:

- The possible benefits identified from budgeting/banking apps in assisting people to better understand finances.

- Any analysed links between app usage and improved financial capabilities/literacy.

- Whether fintech has been considered among strategies for strengthening adult financial literacy and independence.

Please provide relevant assessments, meeting minutes, research or policy documents.

Yours faithfully,

Stephen Campbell

MINISTERS, Department for Education

1 Attachment

Thank you for contacting the Department for Education (DfE). We will aim
to reply within 15 working days. 

You can check online for the department’s information and guidance at
[1]www.gov.uk/dfe 

You can find out how the department processes your personal information by
reading our [2]Personal Information Charter.

 

 

 

References

Visible links
1. https://www.gov.uk/dfe
2. https://www.gov.uk/government/organisati...

ACCOUNT, Unmonitored, Department for Education

Dear Mr Campbell 

Thank you for your recent enquiry. A reply will be sent to you as soon as
possible and this should be within 20 working days, as you are requesting
information under the Freedom of Information Act 2000. Your correspondence
has been allocated reference number 2023-0039818.

Yours sincerely

Department for Education
Ministerial and Public Communications Division
Tel: 0370 000 2288
Web: [1]https://www.education.gov.uk
Twitter: [2]https://www.twitter.com/educationgovuk
Facebook: [3]https://www.facebook.com/educationgovuk
 

 

 

 

References

Visible links
1. https://www.education.gov.uk/
2. https://www.twitter.com/educationgovuk
3. https://www.facebook.com/educationgovuk

ACCOUNT, Unmonitored, Department for Education

Dear Mr Campbell
 
Thank you for your request for information, which was received on 23
October 2023. You requested Under the Freedom of Information Act 2000,
please provide records held regarding assessments made on the potential
for digital budgeting apps and mobile banking to improve financial
literacy and money management skills among adults.

Specifically, I am interested in information the Department holds on:

- The possible benefits identified from budgeting/banking apps in
assisting people to better understand finances.

- Any analysed links between app usage and improved financial
capabilities/literacy.

- Whether fintech has been considered among strategies for strengthening
adult financial literacy and independence.

Please provide relevant assessments, meeting minutes, research or policy
documents. 
 
I have dealt with your request under the Freedom of Information Act 2000.

Following an extensive search of the Department’s paper and electronic
records, I have established that the information you requested is not held
by this Department. The Department for Science,  Innovation and Technology
may hold the information you request. They can be contacted
at [1][email address]. 

If you have any queries about this letter, please contact me. Please
remember to quote the reference number above in any future communications.

If you are unhappy with the way your request has been handled, you should
make a complaint to the Department by writing to me within two calendar
months of the date of this letter. Your complaint will be considered by an
independent review panel, which were not involved in the original
consideration of your request. 

If you are not content with the outcome of your complaint to the
Department, you may then contact the Information Commissioner’s Office.

Yours sincerely
 
Department for Education.

References

Visible links
1. mailto:[email address]