The government declines to mandate or provide guidance for financial education coordinators, stating that schools are free to make such decisions themselves and referring to existing Maths Hubs. Broader curriculum changes will be considered following the Curriculum and Assessment Review.

The government explicitly states it has no plans to produce detailed guidance for schools on appointing and supporting financial education leads, maintaining that schools are best placed to make such decisions independently.

The government stated that it is up to schools and MATs to decide how to teach finance and deploy staff, so they are free to designate a financial education lead. However, the government explicitly stated it has no plans to produce guidance to support the appointment and support of such roles, effectively rejecting that part of the recommendation.

The government stated that ITT providers determine their curriculum, and while financial literacy may be included, it does not prescribe it or commit to including it in the ECF or NPQs. It highlighted a completed £1.1 million grant programme from the Money and Pensions Service that supported teachers in delivering financial education, but this does not constitute a commitment to the new provisions requested.