Lifetime ISAs have come under the spotlight as policymakers consider how to reform and simplify the UK’s savings landscape.
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Lifetime ISA (LISA) Explained
Lifetime ISAs – also known as LISAs – are a form of ISA. They allow some people to save for a first home or retirement tax-free and with a government bonus. Here’s everything you need to know.
The Lifetime Isa was first unveiled in 2016 as a savings vehicle for people saving for their first home, or their retirement ...
A £4,000 limit on the amount you can put in a cash ISA is an unnecessary attack on savers and should not be the priority, ...
An ISA (Individual Savings Account) allows you to put away up to £20,000 each year without paying tax on any gains you make.
Consumer champion Martin Lewis has told MPs there are “major holes” in Lifetime Isas which need fixing. Giving evidence to the Treasury Committee, the MoneySavingExpert.com founder said ...
Martin Lewis also highlighted the static £450,000 house purchase cap, which can put people off saving into a Lifetime Isa (PA) Consumer champion Martin Lewis has told MPs there are “major holes ...
The "complexity" of Lifetime ISAs is not helping prospective first-time buyers get on the housing ladder, personal finance expert Martin Lewis has warned, amid "major holes" like the withdrawal ...