It’s never a bad idea to keep an eye out for what’s happening in other jurisdictions. In the United States of America, the Consumer Financial Protection Bureau (or CFPB) has a relatively newly-installed director, Kathy Kraninger. One of her plans to help tackle the consumer finance industry in the US is to improve consumer education (a topic which has fairly limited traction, it seems, with the UK Financial Conduct Authority).
For an interesting take on this approach by The Hill, the following article is well worth a read: https://thehill.com/opinion/finance/460384-cpfb-head-misguided-in-reliance-on-consumer-education