Third Report - Delivering effective financial education

Select Committee
Education Committee HC 265 22 May 2024
Report Status Government responded
Conclusions & Recommendations 22 items (19 recs)
Source View on Parliament website
Government Response (AI assessment · 22 of 22 classified)
Accepted 5
Accepted in Part 1
Acknowledged 2
Deferred 8
Not Addressed 2
Rejected 4
Clear

Recommendations

1 results
20 Accepted in Part
Para 72
Work with Ofsted to review and improve the evaluation of financial education provision.
Recommendation
The Department for Education should work with Ofsted to review how it can improve its evaluation of financial education. We recommend that citizenship provision be inspected under the quality of education key judgement and personal development. The Department should take … Read more
Government Response Summary
The government explained Ofsted's current inspection framework already considers broad curriculum and personal development, where financial education might be assessed. While it noted Ofsted's upcoming consultation on a new inspection framework, it did not specifically commit to reviewing the evaluation of financial education or inspecting citizenship under the 'quality of education' judgement. It did, however, affirm commitment to the Gatsby Benchmarks and will work with Ofsted to reflect updated benchmarks in inspection practice from September 2025.
Department for Education
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