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We’re joined by senior financial planners Lewis Maclennan and Keith Dunsmuir to discuss the impact of low financial literacy in the UK.

We’ll explore how those with low financial literacy are less likely to have savings or a pension compared to their more financially literate peers, even with similar incomes.

We’ll also delve into strategies for improving financial literacy as highlighted in abrdn’s open letter to the Secretary of State for Education, calling for enhanced financial education in schools.