Saturday, March 16, 2013
Most people with ISAs have very little in them
Savers aged 25 to 34 have an average balance of Â£2,712, which is less than half of the current annual cash Isa allowance of Â£5,640.With the average balance increasing to Â£4,389 for those aged between 35 and 44 and rises again to Â£7,330 for customers between 45 and 54. So we roughly put in Â£1500 on average for every 10 years of our age which is very roughly Â£100/year with accumulated interest. Quite sad really.