Half of UK adults would consider opening a Great British ISA

Current ISA savers most likely to take advantage of the new product

Isabel Baxter
clock • 2 min read

Half of UK adults (48%) would consider opening a British ISA, according to Opinium’s latest polling.

Following the announcement by chancellor Jeremy Hunt in the Spring Budget, the research amongst UK adults found almost one in five (18%) said they would ‘definitely' consider opening one. Among those who currently have an ISA, almost three in five (57%) would consider opening a British ISA, rising to over three-fifths (63%) amongst those with an existing stocks and shares ISA. Meanwhile, a quarter (25%) of UK adults said they would not consider opening a British ISA. The research found that the reasons behind this are: a lack of savings or investments (26%); a disinterest in invest...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on ISAs

Investors flock to ISAs amid fears of Autumn Budget CGT hike

Investors flock to ISAs amid fears of Autumn Budget CGT hike

Rise in maxed out allowances as Budget looms

Cristian Angeloni
clock 23 October 2024 • 3 min read
Why clients should consider a switch from Help to Buy to Lifetime ISA

Why clients should consider a switch from Help to Buy to Lifetime ISA

Almost five years since Help to Buy ISAs were closed to new applicants

Laura Suter
clock 22 October 2024 • 3 min read
Advice industry split on whether a simplified ISA system is needed

Advice industry split on whether a simplified ISA system is needed

Some call for less variations but others say ‘why change it now?’

Isabel Baxter
clock 14 October 2024 • 3 min read