Government research into independent
A study by HM Treasury and HM Revenue & Customs found that 39 per cent of UK consumers currently hold an Isa, making it the fourth most popular form of
Of these, 76 per cent make one or no withdrawals on their accounts per year, while 45 per cent make one or more payments in a year.
Tony Vine-Lott, director general of Tisa, said that the research made “extremely interesting reading”.
“[Isas] are well known, allow
He claimed that the government’s proposals yesterday, which included increasing the investment limit on the accounts and making them simpler to use, would only serve to increase the popularity of Isas next year.
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