The age to start making long-term financial provision is...

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British adults have reported that 28 is the age to begin building long-term financial provisions, Bright Grey has said.

According to the provider's Financial Safety Net report, those aged 35 and over said 28 was the age to begin making financial provisions. But it also showed 4% of respondents only realised the need at age 50 or above. One in 20 said they did not need to plan financially for the long term at all. Roger Edwards, managing director at Bright Grey, said: "Twenty-eight is around the age that, for many, they may take key lifestyle choices such as buying a first property, getting married or having a child. "With these changes can come responsibility, and this means waking up to the very...

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