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Petition · HM Treasury

Reduce the age at which people can open Individual Savings Accounts to 16

Closed 38 signatures

What the petition asks

At 16 people can work and get a passport without parental consent. We believe that lowering the minimum age for adult ISAs will send a strong, positive message to younger generations about the power of saving and investing as well as giving young people access to the full benefits of the ISA regime.
People between the ages of 16 and 18 are some of the least likely to save or invest. If we support the new generation through education and opportunity, we can get them saving at an early age and build positive habits and outcomes.

Timeline

15 Jan 2026 Petition opened for signatures
15 Jul 2026 Closed to new signatures

Key facts

Signatures 38
Status Closed
Department HM Treasury
Opened 15 Jan 2026
Closed 15 Jul 2026

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Source: the official petition page. Last checked 23 Aug 2026.