Through analysing the HMRC Isa data, Scottish Friendly Society found a growing number of people in their 20s and 30s are choosing to invest their savings.
The data showed that the number people classed as either millennials or generation Z subscribing to a stocks and shares Isa leapt by 92.3%, going from 131,000 to 252,000 between the 2016/17 and 2017/18 tax years.