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ISA subscribers top 10 million after 10 years, 5 months, becoming a nationwide tax-saving account

Subscribers to South Korea\'s Individual Savings Account (ISA) topped 10 million for the first time 10 years and five months after its launch, the Korea Financial Investment Association said on Sept. 29. As of end-August, subscribers stood at 10.05 million and subscribed amount totalled 76.5 trillion won. Brokerage-type ISAs accounted for 89.3 percent of subscribers, while trust-type and discretionary management accounts declined. The share of subscribers in their 20s and 30s rose to 41.1 percent.