Cover Image
市場調查報告書

英國的個人儲蓄戶頭(ISA)市場:主要趨勢和機會

Individual Savings Accounts in the UK - Key Trends and Opportunities to 2018

出版商 Timetric 商品編碼 324027
出版日期 內容資訊 英文 71 Pages
訂單完成後即時交付
價格
Back to Top
英國的個人儲蓄戶頭(ISA)市場:主要趨勢和機會 Individual Savings Accounts in the UK - Key Trends and Opportunities to 2018
出版日期: 2015年02月05日 內容資訊: 英文 71 Pages
簡介

個人儲蓄戶頭(ISA)開始以來,由於利率在最低的水準,消費者對儲蓄的興趣大幅度減少。

本報告提供英國的個人儲蓄戶頭(ISA)市場相關調查分析、實際成果與預測、市場分析、各銷路分析、競爭分析、法律規範、主要企業簡介等,有系統的資訊。

第1章 摘要整理

第2章 簡介

第3章 市場分析

  • 市場規模
  • ISA利率
  • 市場預測

第4章 消費者

  • 經濟背景
  • 儲蓄行動

第5章 競爭情形

  • 市場佔有率
  • ISA利率

第6章 產品革新

第7章 法規與合法性

  • 最近的變化
  • 未來的法規

第8章 交易

第9章 新聞

第10章 英國的零售銀行

  • 企業概要、主要產品、競爭企業、員工等
    • Barclays Plc
    • Lloyds Banking Group Plc
    • National Savings and Investments
    • Nationwide Building Society
    • Santander UK Plc
    • The Royal Bank of Scotland Group

第11章 附錄

圖表

目錄
Product Code: FS0129MR

Interest rates are at their lowest levels since individual savings accounts (ISAs) began, which significantly reduces consumers' commitment to saving. As a result, consumers - those who can afford to save - are starting to opt either for stocks and shares accounts or deciding to pay off long-standing debts with higher interest rates.

The average rate offered on cash ISAs fell from 2.55% at the start of 2012 to 1.74% in February 2013, and to just 1.64% at the start of 2014. The average rates for savings accounts fell from 5.09% in 2008 and 1.48% in 2014, which highlights the impact of the recession and the availability of cheap funds for the banks.

Eight out of every 10 ISAs opened in FY2013-2014 were still cash ISAs however, as savers remained risk-averse, despite banks offering the worst interest rates on record. Stocks and shares ISAs are starting to recover however, following a substantial decline in the number for accounts from FY2010-2011 to FY2011-2012. The amount subscribed to stocks and shares ISAs has increased considerably since FY2009 - from GBP12.5 million to GBP18.4 million - which suggests that a smaller percentage of wealthier people, who can afford the increased risk, are filling these ISAs to the limit.

The BoE's central bank rate has remained at 0.5% since 2009, providing banks with an unparalleled level of cheap funds, meaning that the banks have significantly less need to compete for funds from consumers. The introduction of the government's Funding for Lending scheme - providing up to GBP80.0 billion to major banks to subsidize mortgage lending - has further reduced the banks' need for funds, which has had a considerable impact on the savings market. There have been an estimated 2,560 savings products cut since the introduction of the Funding for Lending scheme in August 2012, as of November 2014.

Real wages endured negative growth for most of the 2008-2014 period, despite positive growth for the last three months of 2014. This, combined with soaring house prices and energy bills, means that consumers were squeezed during the recession, and are subsequently less able to set aside amounts every month for savings accounts. House prices in the UK increased by 18.6% between 2009 and 2014 - rising by 9.9% in 2014 alone, according to Nationwide's house price index. Research by consumer body Which? found that the price of gas and electricity grew by 127% from 2003-2004 to 2013-2014, and that the average household is paying GBP410.0 more per year for energy, despite using less.

Several changes have been made to ISA regulation to try to stimulate the industry in the face of low interest rates, since the Funding for Lending scheme. New ISAs (NISAs) were introduced in the April 2014 budget, which increased the upper annual limit for an individual to GBP15,000.0. Tax advantages were also introduced in Chancellor George Osborne's 2014 Autumn Statement, allowing ISAs to pass tax-free to a spouse after death. Osborne also announced that there will no longer be capital gains tax for profits of under GBP11,000.0 on stocks and shares ISAs.

Summary

  • This report provides market analysis, information and insights into the UK ISA industry
  • It provides a breakdown of the different forms of ISAs in the UK
  • It analyses drivers and the outlook for the market
  • It provides information on the main banks in the UK market
  • It covers news and regulatory developments

Reasons To Buy

Gain an understanding of the UK ISA industry

Table of Contents

1. Executive Summary

2. Introduction

  • 2.1. What is this Report About?
  • 2.2. Definitions
  • 2.3. Methodology

3. Market Analysis

  • 3.1. Market Size
    • 3.1.1. Cash ISAs
    • 3.1.2. Cash ISA Breakdown
    • 3.1.3. Stocks and shares ISAs
    • 3.1.4. Sight and time deposits
    • 3.1.5. National Savings and Investments (NS&I)
    • 3.1.6. ISAs by region
    • 3.1.7. ISAs by income group
    • 3.1.8. Junior ISAs
    • 3.1.9. ISAs by age and gender
  • 3.2. ISA Interest Rates
  • 3.3. Market Outlook
    • 3.3.1. Total Number of ISAs
    • 3.3.2. Cash ISAs
    • 3.3.3. Stocks and Shares ISAs
    • 3.3.4. Interest Rates
  • 4.1. Economic Backdrop
    • 4.1.1. Labor market conditions
    • 4.1.2. Disposable income
    • 4.1.3. Inflation
    • 4.1.4. Central bank rate
    • 4.1.5. Energy bills
    • 4.1.6. House prices
  • 4.2. Saving Behavior
    • 4.2.1. Savings ratio
    • 4.2.2. Switching providers
    • 4.2.3. Saving motivations
    • 4.2.4. Sentiment towards banks

5. Competitive Landscape

  • 5.1. Market Shares
  • 5.2. ISA Interest Rates

6. Product Innovation

  • 7.1. Recent Changes
    • 7.1.1. Cash ISA allowance and NISA
    • 7.1.2. Funding for Lending scheme
    • 7.1.3. Financial Services Compensation Scheme
    • 7.1.4. Capital Requirements Directive IV (CRD IV)
    • 7.1.5. Financial Services (Banking Reform) Act 2013
  • 7.2. Upcoming Regulations
    • 7.2.1. Basel III

9. News

10. UK Retail Banks

  • 10.1. Barclays Plc - Company Overview
    • 10.1.1. Barclays Plc - profile
    • 10.1.2. Barclays Plc - main savings products
    • 10.1.3. Barclays Plc - main competitors
    • 10.1.4. Barclays Plc - board of directors
  • 10.2. HSBC Bank Plc - Company Overview
    • 10.2.1. HSBC Bank Plc - profile
    • 10.2.2. HSBC Bank Plc - main savings products
    • 10.2.3. HSBC Bank Plc - main competitors
    • 10.2.4. HSBC Bank Plc - board of directors
  • 10.3. Lloyds Banking Group Plc - Company Overview
    • 10.3.1. Lloyds Banking Group Plc - profile
    • 10.3.2. Lloyds Banking Group Plc - main savings products
    • 10.3.3. Lloyds Banking Group Plc - main competitors
    • 10.3.4. Lloyds Banking Group Plc - board of directors
  • 10.4. National Savings and Investments - Company Overview
    • 10.4.1. National Savings and Investments - profile
    • 10.4.2. National Savings and Investments - main savings products
    • 10.4.3. National Savings and Investments - main competitors
    • 10.4.4. National Savings and Investments - board of directors
  • 10.5. Nationwide Building Society - Company Overview
    • 10.5.1. Nationwide Building Society - profile
    • 10.5.2. Nationwide Building Society - main savings products
    • 10.5.3. Nationwide Building Society - main competitors
    • 10.5.4. Nationwide Building Society - board of directors
  • 10.6. Santander UK Plc - Company Overview
    • 10.6.1. Santander UK Plc - profile
    • 10.6.2. Santander UK Plc - main savings products
    • 10.6.3. Santander UK Plc - main competitors
    • 10.6.4. Santander UK Plc - board of directors
  • 10.7. The Royal Bank of Scotland Group - Company Overview
    • 10.7.1. The Royal Bank of Scotland Group Plc - profile
    • 10.7.2. The Royal Bank of Scotland Group Plc - main savings products
    • 10.7.3. The Royal Bank of Scotland Group Plc - main competitors
    • 10.7.4. The Royal Bank of Scotland Group Plc - board of directors

11. Appendix

  • 11.1. Methodology
  • 11.2. Contact Timetric
  • 11.3. About Timetric
  • 11.4. Timetric's Services
  • 11.5. Disclaimer

List of Tables

  • Table 1: Banking Industry Definitions
  • Table 2: The UK - ISA Subscription Limits, FY1999-2000 to FY2014-2015
  • Table 3: The UK - Cash ISA Market Summary, FY2009-2013
  • Table 4: The UK - ISA Market Competitor Interest Rates (%), FY2014-2015
  • Table 5: Recent and Upcoming Regulatory Changes, 2012-2018
  • Table 6: Barclays Plc, Key Facts
  • Table 7: Barclays Plc, Main Savings Products
  • Table 8: Barclays Plc, Board of Directors
  • Table 9: HSBC Bank Plc, Key Facts
  • Table 10: HSBC Bank Plc, Main Savings Products
  • Table 11: HSBC Bank Plc, Board of Directors
  • Table 12: Lloyds Banking Group Plc, Key Facts
  • Table 13: Lloyds Banking Group Plc, Main Products
  • Table 14: Lloyds Banking Group Plc, Board of Directors
  • Table 15: National Savings and Investments, Key Facts
  • Table 16: National Savings and Investments, Main Products
  • Table 17: National Savings and Investments, Board of Directors
  • Table 18: Nationwide Building Society, Key Facts
  • Table 19: Nationwide Building Society, Main Products
  • Table 20: Nationwide Building Society, Board of Directors
  • Table 21: Santander UK Plc, Key Facts
  • Table 22: Santander UK Plc, Main Products
  • Table 23: Santander UK Plc, Board of Directors
  • Table 24: The Royal Bank of Scotland Group Plc, Key Facts
  • Table 25: The Royal Bank of Scotland Group Plc, Main Products
  • Table 26: The Royal Bank of Scotland Plc, Board of Directors

List of Figures

  • Figure 1: The UK - Amount Subscribed to All ISAs (GBP Billion), FY2008-2014
  • Figure 2: The UK - Total Number of ISA Subscriptions, FY2008-2014
  • Figure 3: The UK - Balances Outstanding on Cash ISAs in the Household Sector, 2009-2014
  • Figure 4: The UK - Total Amount Subscribed to Cash ISAs, FY2008-2014
  • Figure 5: The UK - Total Number of Cash ISAs, FY2008-2014
  • Figure 6: The UK - Cash ISA Balances as a Share of Total Deposit Balances Outstanding (%), 1999-2013
  • Figure 6: The UK - Cash ISA Sector Breakdown
  • Figure 7: The UK - Number of Stocks and Shares ISAs, FY2008-2009 to FY2013-2014
  • Figure 8: The UK - Amount Subscribed to Stocks and Shares ISAs, FY2008-2009 to FY2013-2014
  • Figure 9: The UK - Average amount subscribed to Stocks and Shares and cash ISAs, FY2005-2014
  • Figure 10: The UK - Amount Subscribed to Stocks and Shares ISAs, 2008-2013
  • Figure 11: The UK - Sight and Time Deposits Balances Outstanding at Monetary and Financial Institutions (GBP Billion), 2008-2013
  • Figure 12: The UK - Interest-Bearing Time Deposit Balances Outstanding (GBP Billion), 2008-2013
  • Figure 13: The UK - Non-Interest-Bearing Sight Deposit Balances Outstanding, 2008-2014
  • Figure 14: The UK - Interest-Bearing Sight Deposit Balances Outstanding, 2008-2014
  • Figure 15: The UK - Balances Outstanding on Household Deposits at National Savings and Investments (GBP Billion), 2008-2014
  • Figure 16: The UK - Number of People Subscribed to ISAs by Region, FY2011-2012
  • Figure 17: The UK - Number of Individuals Subscribed to all ISAs by Income Group and Subscription Limits, FY2011-2012
  • Figure 18: The UK - Number of Individuals Subscribed to Stocks and Shares ISAs by Income Group and Subscription Limits, FY2011-2012
  • Figure 19: The UK - Junior ISA Breakdown, 2012-2013
  • Figure 20: The UK - Junior ISA Subscription Limits, FY2011-2015
  • Figure 21: The UK - Number of Male ISA Subscribers by Age, FY2010-2012
  • Figure 22: The UK - Number of Male ISA Subscribers by Age, FY2010-2012
  • Figure 23: The UK - Number of Female ISA Subscribers by Age, FY2010-2012
  • Figure 24: The UK - Average Saving Account Interest Rates (%), 2011-2014
  • Figure 26: The UK - Total Number of ISAs Forecast: FY2007-FY2018
  • Figure 27: The UK - Total Amount Subscribed to ISAs Forecast: FY2007-2018
  • Figure 28: The UK - Total Amount Subscribed to Cash ISAs Forecast: FY2007-2018
  • Figure 29: The UK - Total Amount Subscribed to Cash ISAs Forecast: FY2007-2018
  • Figure 30: The UK - Average Interest Rates on ISAs, Forecast: FY2011-2018
  • Figure 31: The UK - Unemployment and Redundancy Rates (%), 2008-2014
  • Figure 32: The UK - Average Weekly Earnings (GBP), 2004-2013
  • Figure 33: The UK - Household Disposable Income (GBP), 1997-2013
  • Figure 34: The UK - Consumer Price Inflation (%), 2009-2014
  • Figure 35: The UK - BoE Official Bank Rate (%), 2004-2014
  • Figure 36: The UK - Annual Gas and Electricity Bills, 2004-2013
  • Figure 37: The UK - House Prices, 2004-2013
  • Figure 38: The UK - Household Savings Ratio (%), 2004-2013
  • Figure 39: The UK - Bonus and Standard Savings Account Interest Rates (%), 2011-2013
  • Figure 40: The UK - Number of Complaints About Savings Products, 2006-2013
  • Figure 41: The UK - Retail Saving Institution Market Shares (%), 2013
  • Figure 42: The UK - Market Shares of the Leading Building Societies (%), 2008-2013
  • Figure 43: The UK - Banking Regulatory Framework
Back to Top