Member

That is what this amendment is intended to encourage. It does not seek to make the FCA responsible for teaching financial education in schools. It seeks to establish a practical framework for co-operation between the regulator, MaPS, government, education providers and industry. I have discussed these issues positively with the Minister. I hope that he can tell the House more about what the Government are doing to build financial capability, particularly among young people and through schools, as well as how the FCA might contribute to the cause. I would also be grateful if he could explain how noble Lords and others with an interest in this important area can engage with the work on financial education in schools and elsewhere as it develops.