New research supports financial education for disadvantaged children and young people
Latest News – Columbia Threadneedle Foundation

New research supports financial education for disadvantaged children and young people

Columbia Threadneedle Foundation partners with The Centre for Financial Capability to support children and young people experiencing socioeconomic hardship with financial education.

Columbia Threadneedle Foundation is pleased to confirm a grant to The Centre for Financial Capability (TCFC), a charity with a mission to ensure every child in the UK develops the skills and behaviours necessary to navigate critical financial decisions in their life – starting from primary school.


The cost-of-living crisis has highlighted the need for financial education. Local, grass roots charities are working hard to support children and young people and their families during this challenging time through debt advice and education. But they also report they are offering advice without confidence and not having the tools and resources necessary to provide quality financial education.  


The grant supports research among small local charities supporting children and young people with socioeconomic hardship. The aim of the research is to understand what works, what is needed, and create practical resources which would be most effective for the 95,000 small charities working with children and young people. It will enable access to financial education for families of young children in need to ensure knowledge and behaviour is embedded as early as possible, supporting long-term education and short-term support for families.


This grant is funded by the CT UK Social Bond Fund, which contributes a share of its annual management fee to Columbia Threadneedle Foundation. The Fund seeks to deliver financial returns to investors through a portfolio of corporate bonds, while also contributing to positive social outcomes. The portfolio aligns to a number of themes, including community services, aimed at providing charities with increased access to facilities and services to improve individual and local well-being, and employment and training which helps young people develop skills.


Laura Cook, Chair of the Columbia Threadneedle Foundation said: “We’re very pleased to be funding this vital research, which contributes to the Foundation’s aim of improving individual lives while also driving fundamental social change.


“We have been a long-term supporter of The Centre for Financial Capability and have seen first-hand the excellent work that they do. This grant will allow them to extend that reach further to improve financial education throughout the UK.”


Stewart Perry, Director of The Centre for Financial Capability said: “The generous grant from the Columbia Threadneedle Foundation enables us to work with small local charities in the UK – the frontline of the current cost of living crisis – to identify the tools and resources they need to deliver high quality financial education for young people and their families.


“Columbia Threadneedle have been there with us from the very beginning. We are incredibly grateful to have a long-term partner that shares our vison to ensure every young person in the UK receives effective financial education.”

28 June 2023
Share article
Share on twitter
Share on linkedin
Share on email
Apple web badge
Spotify web badge
Listen on stitcher badge
Listen on castbox
June 2023
Share article
Share on twitter
Share on linkedin
Share on email

Related News

19 December 2023

Supporting our communities in 2023

In 2023 Columbia Threadneedle Foundation’s ongoing support for its long-term charity partners enabled them to deliver vital work to improve individual lives, whilst also driving fundamental social change.
13 July 2023

Supporting the National Gallery’s primary students exhibition for the sixth consecutive year

The annual Take One Picture exhibition opens at the National Gallery. This year’s free exhibition will run from 13 July until 8 October 2023.
8 March 2023

New partnership addresses barriers to gender inclusion

For this research project CLES will be working in partnership with Leeds City Council and the Women’s Budget Group (WBG), a not-for-profit network whose aim is to promote a gender equal economy.

You may also like

About us

Millions of people around the world rely on Columbia Threadneedle Investments to manage their money. We look after investments for individual investors, financial advisers and wealth managers, as well as insurance firms, pension funds and other institutions.

Governance & Responsible Investment

Core to our investment philosophy is the belief that effective stewardship benefits companies, investors and the economy as a whole.

Responsible Business

Columbia Threadneedle Investments aims to deliver positive outcomes that meet the needs of our stakeholders. We commit to always act responsibly, transparently and in the best interests of those who trust us to manage their investments.

Thank you. You can now visit your preference centre to choose which insights you would like to receive by email.

To view and control which insights you receive from us by email, please visit your preference centre.

Play Video

CT Property Trust- Fund Manager Update

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium