Cash Isas popular, but not enough - Halifax

Data released by savings provider Halifax, based on figures from the Inland Revenue, says cash tops the popularity stakes in the Individual Savings Accounts category with a holding of £81.6bn last year, out of a total of £126bn. Stocks and shares Isas, meanwhile, held £44.2bn and saw growth of 68% over the past three years, while savers held just £522m in insurance Isas, according to the Halifax. Over nine million Isa accounts were opened in the UK in the first half of 2004/05, adding 6% to last years figure, while 58% of all Isa holders have less than £6000 in their Isa accounts. Ch...