Britain's financial literacy
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Recent YouGov research into the financial literacy of the nation reveals that young adults are least likely to understand financial literature, with just 8% of UK 18- to 24-year-olds admitting to having a ‘high understanding’, compared to at least 20% of older age groups.
Generally, half of all UK adults (50%) modestly rate themselves as having some understanding of financial products and services.
- 15% say they have a ‘very good’ understanding.
- A minority of just 5% admitted to having ‘no ...
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