In its report on the success of the National Strategy for Financial Capability, the authority states that it has helped “thousands” and will go on to help a further ten million with financial and debt management advice by 2010.
John Tiner, chief executive of the FSA, said: “Despite being in the early days of delivery, we’re helping thousands of people across the UK approach their finances with a new sense of confidence.
“The programmes range from school participation through to workplace seminars and have been developed with and delivered through a range of partnerships.”
Amidst calls that financial education and debt management should be taught in the classroom, 278 schools have signed up for the learning money matters scheme.
A further 19 universities have also signed up for a debt advice programme and funds to target special groups have also been released.
Parents are also set to benefit from a new debt advice guide, the FSA said, as the programme of better financial education goes on to expand.