Aviva Foundation funding

New study to assess the impact of financial education on financial confidence and outcomes

What impact does financial education have on financial well-being? ClearScore and The Money Charity are conducting a year-long study to find out. Around 5,000 ClearScore users are expected to take part in the study, which is funded by Aviva Foundation. The Foundation aims to help people and communities deal with financial challenges. Those taking part in the study will receive financial education, which will then be monitored against a control group for any improvements to their financial capability, credit score, and wider creditworthiness. Our co-founder and CEO, Justin Basini said of the study: "We know that the level of financial education in the UK is poor. Through the ClearScore service, we have put empowering consumers with insights, education, data and product choice at the heart of what we do. We are excited to partner with The Money Charity, supported by the Aviva Foundation, on this innovative approach, one of the first of its kind in the world, to assess the impact of financial education on financial confidence and outcomes.” The study will run from November 2025 to 2026.

Joe Wiggins

Group Corporate Communications Director