Individual Savings Accounts: Older People

(asked on 27th June 2022) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government how many people aged over 60 in the UK have ISAs; and what is the (1) total, and (2) average, value of those ISAs.


Answered by
Baroness Penn Portrait
Baroness Penn
Minister on Leave (Parliamentary Under Secretary of State)
This question was answered on 5th July 2022

The number of people aged over 60 in the UK who have ISAs as of the end of the 2019 to 2020 tax year is 9,273,000, with a total market value of £401 billion. The average market value per individual for this group is £43,274.

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