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1358872
registered interest false more like this
date less than 2021-10-12more like thismore than 2021-10-12
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Individual Savings Accounts remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government (1) how much money has been invested in individual savings accounts (ISAs) in total, (2) how much money has been invested in ISAs by different age groups, (3) how many individuals have invested in ISAs, and (4) what is the average amount invested in ISAs per person. more like this
tabling member printed
Baroness Altmann remove filter
uin HL2988 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-10-26more like thismore than 2021-10-26
answer text <p>HMRC produces an Individual Savings Accounts (ISAs) tables document as part of its Annual savings statistics publication on Gov.uk.</p><p> </p><p>The amount invested in ISAs, how many individuals have invested in ISAs and the average amount invested in ISAs is in table 9.4. This information is on a per account basis; individuals may sign up to multiple ISA accounts.</p><p> </p><p>The number of individuals that have invested in ISAs and average amount invested per person for the 2018 to 2019 tax year can be found in table 9.11.</p><p> </p><p>An age breakdown of the money invested in ISAs can only be made available at a disproportionate cost. However, table 9.11 gives a breakdown of ISA market values by age.</p><p>The ISA Tables are found on the GOV.UK website: https://www.gov.uk/government/statistics/annual-savings-statistics</p><p> </p><p> </p> more like this
answering member printed Lord Agnew of Oulton more like this
attachment
1
file name 211014 ISA PQ B. Altmann Table 9.4 truncated.pdf more like this
title Table 9.4 more like this
2
file name 211014 ISA PQ B. Altmann Table 9.11.pdf more like this
title Table 9.1.1 more like this
question first answered
less than 2021-10-26T11:39:01.37Zmore like thismore than 2021-10-26T11:39:01.37Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
4533
label Biography information for Baroness Altmann more like this
1177209
registered interest false more like this
date less than 2020-02-10more like thismore than 2020-02-10
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Individual Savings Accounts remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government, further to the Written Answer by Lord Bates on 13 December 2017 (HL3799), what estimate they have made 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 monetary value of the average holding. more like this
tabling member printed
Baroness Altmann remove filter
uin HL1455 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-21more like thismore than 2020-02-21
answer text <p>The number of people 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 for the most recent year for which we have data (2016/2017):</p><p> </p><table><tbody><tr><td colspan="2"><p>ISA Holders (16/17)</p></td><td><p>Numbers: thousands</p></td><td><p> </p></td></tr><tr><td><p> </p></td><td><p>Age</p></td><td><p>Total Number of ISA holders</p></td><td><p>Average ISA Market Values</p></td></tr><tr><td><p> </p></td><td><p>50-59</p></td><td><p>4,100</p></td><td><p>£26,900</p></td></tr><tr><td><p> </p></td><td><p>60-69</p></td><td><p>3,900</p></td><td><p>£41,600</p></td></tr><tr><td><p> </p></td><td><p>70-79</p></td><td><p>3,000</p></td><td><p>£47,400</p></td></tr><tr><td><p> </p></td><td><p>80-89</p></td><td><p>1,400</p></td><td><p>£48,300</p></td></tr><tr><td><p> </p></td><td><p>90 and over</p></td><td><p>300</p></td><td><p>£51,000</p></td></tr><tr><td><p> </p></td><td><p>Total<sub>1</sub></p></td><td><p>21,200</p></td><td><p>£27,600</p></td></tr><tr><td colspan="2"><p>Footnotes</p></td></tr><tr><td colspan="4"><p><sup>1</sup> Total is for all ages, including those not shown in the table.</p></td></tr></tbody></table><p> </p><p>This table is based on information used in HMRC Individual Savings Account (ISA) statistics, which is available on the Gov.uk website.</p>
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-02-21T13:20:21.967Zmore like thismore than 2020-02-21T13:20:21.967Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
4533
label Biography information for Baroness Altmann more like this