Strengthening financial wellbeing through policy, research, regulation and education requires an integrated approach, coordinated across the life course. Like wellbeing more broadly, financial wellbeing is formed across multiple levels – individual, family, community, organisational, and national and global environments. Achieving effective and lasting change requires working across systems.

This report explores how key forces, including technology, health and climate change, are reshaping financial wellbeing. It also reviews and updates an understanding of financial wellbeing more broadly, including the concepts of financial literacy and capability and the latest evidence on what effective financial education looks like across the life course. The evidence presented points to the need for a national financial wellbeing strategy: a coordinated, integrated response across policy, regulation, education and practice.

A summary and recommendations report is also available.