ISA SUBSCRIPTIONS: 6 April April 2017

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1 ISA SUBSCRIPTIONS: 6 April April 2017 Adult ISAs Number of Amounts subscribed accounts Innovative Stocks & shares Cash subscribed to Total Finance 000s m m m m m Average amount subscribed per account Stocks & Shares 2,589 22,325 22,325 8,623 Cash 8,480 39,191 39,191 4,622 incl. in Stocks & Shares above ,779 Innovative Finance ,500 HMRC data published August ,071 22,325 39, ,533 5,558 Junior ISAs Stocks & Shares ,480 Cash incl. in Stocks & Shares above incl. in Cash above Number of Amounts subscribed accounts subscribed to Stocks & shares Cash Total 000s m m m m Average amount subscribed per account HMRC data published August ,081 CHARTS_1718 Sheet1 [Table 9.4]

2 1,000s ISA SUBSCRIPTIONS: 6 April April 2017 Number of accounts subscribed to during tax year by type of ISA 12,000 10,000 8,000 6,000 4,000 2,000 Junior ISA statistics are shown to a larger scale on the following charts - Adult Stocks & Shares Adult Cash Adult Innovative Finance Junior ISAs (Stocks & Shares) Junior ISAs (Cash) excl. CHARTS_1718 Chart1

3 million ISA SUBSCRIPTIONS: 6 April April 2017 Amounts subscribed by type of ISA 60,000 50,000 40,000 30,000 20,000 10,000 Junior ISA statistics are shown to a larger scale on the following charts - Adult Stocks & Shares Adult Cash Adult Innovative Finance Junior ISAs (Stocks & Shares) Junior ISAs (Cash) excl. CHARTS_1718 Chart2

4 1,000s Junior ISA SUBSCRIPTIONS: 6 April April 2017 Number of accounts subscribed to during tax year by type of ISA Junior ISAs (Stocks & Shares) Junior ISAs (Cash) excl. CHARTS_1718 Chart3

5 million Junior ISA SUBSCRIPTIONS: 6 April April 2017 Amounts subscribed by type of ISA Junior ISAs (Stocks & Shares) Junior ISAs (Cash) excl. CHARTS_1718 Chart4

6 1999/ /1 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/ / / / / / / /17 billion 90 COMPARISON Adult ISA subscriptions in each full subscription year Stocks & Shares Cash Innovative Finance ALL Components 0 Tax Years CHARTS_ALL 2017 Comparison Year end

7 ADULT ISA SUBSCRIPTIONS Number of accounts subscribed to Stocks & Shares 1999/ /1 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/ / / / / / / /17 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 000s 4,687 5,243 4,370 3,931 3,266 2,965 3,066 3,181 3,246 2,960 3,011 3,387 2,863 2,924 2,992 2,711 2,539 2,589 Cash 4,591 6,017 7,594 8,556 8,789 9,242 9,939 10,387 11,468 12,234 11,426 11,859 11,187 11,682 10,481 10,288 10,118 8,480 Innovative Finance (incl in S&S above) ,278 11,260 11,964 12,487 12,055 12,207 13,005 13,568 14,714 15,194 14,437 15,246 14,050 14,606 13,473 12,999 12,657 11,071 2 NOTES: 1) From 1999/2000 to 2007/2008, the number of subscriptions to Stocks & Shares ISAs includes the number of subscriptions to Maxi ISAs. Whilst the majority of Maxi ISAs were fully subscribed to the Stocks & Shares component, a small minority also utilised the Cash component of the Maxi. The effect of this is that, for those years, the number of Cash ISAs subscribed to is understated. 2) The number of accounts subscribed to prior to 2008/9 is understated because it does not include the unknown number of Maxi ISAs that received insurance subscriptions in the years up to 2007/2008 ( 31m in 2007/2008) CHARTS_ALL 2017 Numbers (3)

8 ADULT ISA SUBSCRIPTIONS - Number of accounts by type 1,000s 12,000 11,000 10,000 9,000 8,000 7,000 6, / /1 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/ / / / / / / /17 5,000 4,000 3,000 2,000 1,000 0 ISAs Subscriptions to Mini insurance ISAs for years 1999/ /5 have been included in Stocks & Shares. Maxi ISAs Subscriptions to Maxi ISAs for years 1999/ /8 have been included in Stocks & Shares. Stocks & Shares Cash Innovative Finance CHARTS_ALL 2017 Numbers Chart (2)

9 ADULT ISA SUBSCRIPTIONS Amounts subscribed Stocks & Shares 1999/ /1 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/ / / / / / / /17 m m m m m m m m m m m m m m m m m m 16,125 15,302 11,492 9,404 8,308 7,662 9,170 10,363 10,440 9,711 12,542 15,515 15,546 16,459 18,439 22,288 21,129 22,325 Cash 12,306 14,470 17,058 18,558 19,360 20,575 21,935 22,677 25,261 30,383 31,437 38,197 37,222 40,901 38,821 60,951 58,694 39,191 Innovative Finance (incl in S&S above) ,431 29,772 28,550 27,962 27,668 28,237 31,105 33,040 35,701 40,094 43,979 53,712 52,768 57,360 57,260 83,239 79,823 61, CHARTS_ALL 2017 Amounts (3)

10 million 60,000 ADULT ISA SUBSCRIPTIONS - Amounts subscribed by type 57,500 55,000 52,500 50,000 47,500 45,000 42,500 40,000 37,500 35,000 32,500 30,000 27,500 25, / /1 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/ / / / / / / /17 22,500 20,000 17,500 15,000 12,500 10,000 7,500 5,000 2,500 0 ISAs Subscriptions to Mini insurance ISAs for years 1999/ /5 have been included in Stocks & Shares. Stocks & Shares Cash Innovative Finance CHARTS_ALL 2017 Amounts Chart (2)

11 ADULT ISA SUBSCRIPTIONS Average subscriptions Stocks & Shares 1999/ /1 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/ / / / / / / /17 m m m m m m m m m m m m m m m m m m 3,440 2,919 2,630 2,392 2,544 2,584 2,991 3,258 3,216 3,281 4,165 4,581 5,430 5,629 6,163 8,221 8,322 8,623 Cash 2,680 2,405 2,246 2,169 2,203 2,226 2,207 2,183 2,203 2,483 2,751 3,221 3,327 3,501 3,704 5,924 5,801 4,622 Innovative Finance (incl in S&S Overall Average ,101 1,474 1,643 2,034 2,455 4,529 4,779 3,064 2,644 2,386 2,239 2,295 2,313 2,391 2,435 2,426 2,639 3,046 3,523 3,756 3,927 4,250 6,403 6,307 5,558 NOTES: (1) From 1999/2000 to 2007/2008, the number of subscriptions to Stocks & Shares ISAs includes subscriptions to Maxi ISAs. Whilst the majority of Maxi ISAs were fully subscribed to the Stocks & Shares component, a small minority also utilised the Cash component of the Maxi. The effect of this is that, for those years, the average subscriptions to Cash ISAs will be slightly inflated. (2) From 1999/2000 to 2007/2008, the average subscription is overstated to the extent that the number of Maxi ISAs receiving subscriptions is unknown. This accounts, in part at least, for the fall in average subscriptions between 2007/8 and 2008/9. 8,500 CHARTS_ALL 2017 Averages

12 COMPARISON Average Subscriptions to Adult ISAs in each subscription year 9,500 9,000 8,500 8,000 7,500 7,000 6,500 Stocks & Shares Cash Innovative Finance (incl in S&S above) Overall Average 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Tax Years CHARTS_ALL 2017 Averages Chart

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