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Financial Services: Education

Asked by Lisa SmartLiberal DemocratDepartment for EducationTabled Answered 7 January 2025UIN 21184

The question

To ask the Secretary of State for Education, if she will make it her policy to ensure England's participation in the OECD’s PISA financial literacy assessment in 2025.

Answered by Janet Daby

Financial literacy is not an option offered by the Organisation for Economic Co-Operation (OECD) in the current (2025) cycle of the Programme for International Student Assessment (PISA) as it has been replaced for this cycle with a foreign-language assessment, so a decision on participation is not imminent.

Departmental officials engage with the devolved governments on a range of areas, including on PISA. We have had initial discussions about the timeline for a decision on participation in future PISA financial literacy assessments and will continue to actively engage with them on this topic as more information is provided by the OECD.

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