Figures reveal prime shares and shares Isa pots price enormous quantity greater than money Isa accounts

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Your assist makes all of the distinction. Learn extra The wealthiest Shares and Shares ISA accounts maintain a median of 17 instances extra worth than their Money ISA counterparts, in response to new figures from HM Income and Customs (HMRC).

Knowledge obtained by means of a Freedom of Data (FOI) request by InvestEngine reveals a stark disparity within the top-tier financial savings pots.

For the 2022/23 tax yr, the common worth of the 25 highest-value Shares and Shares ISAs stood at a staggering £10,980,000.

In distinction, the common worth for the 25 largest Money ISAs was considerably decrease, at £640,000.

These figures, which had been rounded to the closest £10,000, are primarily based on the variety of accounts relatively than particular person account holders.

Additional insights from the HMRC doc point out that roughly 3,080 ISA accounts held a market worth exceeding £1 million in the identical tax yr.

The information additionally confirmed 30 Money ISA accounts with over £500,000, whereas a considerable 38,680 Shares and Shares accounts contained at the least £500,000. These particular account numbers had been rounded to the closest 10.

<img src="https://static.independent.co.uk/2025/06/30/00/2b0b7febbcd0ecfa5161a4c4dc5a3f88Y29udGVudHNlYXJjaGFwaSwxNzUxMTI1MzQ2-2.21874330.jpg" srcset="https://static.independent.co.uk/2025/06/30/00/2b0b7febbcd0ecfa5161a4c4dc5a3f88Y29udGVudHNlYXJjaGFwaSwxNzUxMTI1MzQ2-2.21874330.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2025/06/30/00/2b0b7febbcd0ecfa5161a4c4dc5a3f88Y29udGVudHNlYXJjaGFwaSwxNzUxMTI1MzQ2-2.21874330.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="The HMRC document also said there were around 3,080 Isa accounts with a market value of £1 million-plus in 2022/23" class="sc-1mc30lb-0 ggpMaE"/> The HMRC doc additionally stated there have been round 3,080 Isa accounts with a market worth of £1 million-plus in 2022/23 (PA Archive) Whereas round 1,530 money Isas had £250,000-plus in them, the entire for shares and shares Isas was 244,570 in 2022/23.

Hypothesis over potential modifications to the money Isa restrict has intensified within the run-up to the Finances.

Andrew Prosser, head of investments at InvestEngine, stated the information obtained by means of the FOI “reveals a transparent and rising divide between saving and investing”.

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He stated: “Whereas money Isas will at all times have an vital position, particularly for shorter-term monetary wants, the figures set out clearly the worth of long-term investing, with the highest-value shares and shares Isas now price 17 instances that of the highest money Isas on common.

“Even past the highest tier, the sample is similar. Solely 30 money Isas throughout the nation maintain over £500,000, in comparison with virtually 39,000 shares and shares Isas. The distinction displays how constant investing has confirmed to be the best path to constructing significant, long-term wealth.