Individual Savings Accounts

(asked on 4th December 2017) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what is their estimate of the number of people aged (1) 50–59, (2) 60–69, (3) 70–79, (4) 80–89, and (5) 90 or over, who own ISAs; and for each age group, what is the average holding.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 13th December 2017

The number of people over 65 who own ISAs and their average value is set out in the table below.

Numbers: thousands

Age

Number of ISA holders

Average ISA Market Values

65 and over

6,353

£38,859

This information is taken from HMRC Individual Savings Account (ISA) statistics which is available on Gov.uk

The number of people who hold ISA in the age bands (1) 50–59, (2) 60–69, (3) 70–79, (4) 80–89, and (5) 90 or over, who own ISAs; and the average holding is set out in the table below.

ISA Holders

Numbers: thousands

Age

Total Number of ISA holders

Average ISA Market Values

50-59

4,052

£22,406

60-69

4,017

£34,409

70-79

2,670

£39,484

80-89

1,362

£40,373

90 and over

256

£40,097

Total1

21,575

£22,387

Footnotes

1 Total is for all ages, including those not shown in the table.

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