By Darren Parkin Financial literacy in the UK is falling short of rates found elsewhere in the Organisation for Economic Co-operation and Development (OECD), ranking it 15th of 29 OECD nations with only 67% of adults being assessed as financially literate. This is clearly an issue that needs to be addressed. Prioritising financial education could add nearly £7 billion to the UK economy each year, according to the study. But, of course, that’s the macro level. Financial literacy is essential for individuals to navigate the complex financial landscape, make informed choices, and achieve their ul…

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