Maike Currie, vice president of personal finance at PensionBee, said: “What these figures tell us is the power of compounding and the importance of control – you can’t plan to win the Lottery, but you can plan to invest.
“Not everyone will win the Lotto – most won’t.
“Likewise, not everyone will be born into wealth, marry it or receive a life-changing inheritance.
“But investing is within the reach of ordinary earners and ISAs are one of the most powerful tools we have to democratise that opportunity.
“As the end of the tax year approaches, it’s a timely reminder to use your annual ISA and pension allowances.
“You don’t need luck – you need time, discipline and the decision to start.”
Contact details are available to account holders.
Create a free account to get in touch with this expert.