Variable

UK Data Service variable record for:

ONS Omnibus Survey, August 2005

Variable Details

Variablem375_9
LabelWhy save in an ISA and not other?
Question text Looking at this card, which one, of the following reasons explains why you choose to save in (an) ISA(s) rather than using another form of savings?
Responses
1 Can withdraw funds at any time 2
2 Tax-free 14
3 Better rate of interest 2
4 Minimum contribution is low 0
5 ISAs are simple to understand 0
6 Told that I should hold an ISA by advisor 1
7 Recommended by friend/neighbour/colleague/family member 0
8 Less risky than other forms of savings 3
9 CAT standard 0
10 Other (please specify) 1
11 Don t know ( spontaneous only ) 1
98 Refusal 0
Sysmiss 1195
DisclaimerPlease note that these frequencies are not weighted.
LocationONS Omnibus Survey, August 2005
Interviewer InstructionsSHOWCARD L8. Code one only.
UniverseAdults, aged 16 or over, living in private households in Great Britain.;Adults;Households;National
SamplingMulti-stage stratified random sample
Study TypeRepeated cross-sectional study, monthly (up to year 2000), eight cycles per year thereafter.