The bank of mum and dad is the number one choice for providing 18-30 year olds with financial help, with mums (30%) more likely to be asked for cash than dads (28%).
The stereotype of daughters finding dads a softer touch than mums is a myth: over a third (34%) of daughters would approach their mum first, with just over a quarter (26%) approaching their dad.
Almost one in seven (15%) 18-30 year olds are currently out of work (excludes students).
Six in 10 with a university degree found work within six months of leaving university. A third (32%) found a job immediately but one in ten (10%) took over a year to gain employment. You can find out more about the benefits of a university education in our article Making a Million - a questions of degrees.
Two thirds (65%) have debts of less than £5,000.
In terms of life goals to achieve before age 31, owning a property is top of the wish list (56%) for this group, with getting married a priority for half of them (51%).
Just under half (45%) would like to have paid off all debts by age 31 and almost the same number (44%) would like to have started a family.
Only one in 13 have a personal pension, while one in seven are saving for retirement through a company scheme.
Skandia commissioned CoreData Research UK to produce the report, which studies the main financial issues that concern young people in the UK. The sample included 1,076 UK-based 18-30 year olds and was carried out between April and May 2012.