Why are major financial institutions stepping in to address the UK’s financial literacy crisis? 💡

[Partnered Content] According to the latest figures from the Young Persons' Money Index, only 19% of young people can correctly answer basic questions about interest, inflation and financial risk. Furthermore, 64% report feeling anxious about their personal finances, whilst just 9% identify school as their main source of financial understanding. Martin Horne, Co-Head of Global Investments at Barings, explains the urgent need to bridge this gap. He highlights how initiatives like the Year 6 Dividend campaign with City Pay it Forward allow investment professionals to deliver practical, jargon-free financial education directly into classrooms, empowering the next generation with essential long-term planning skills. Read more about bridging the financial literacy gap at City AM. Link in bio. #FinancialLiteracy #AssetManagement #CSR #Education #UKBusiness #SocialMobility #Finance Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam