Lifetime ISAs launched nine years ago, offering a 25% government bonus on savings. The idea was to help first-time buyers get on the property ladder and to boost pension savings among under-40s. But ...
A government-backed tax-free savings scheme to help first-time buyers and pension savers has come under fire amid fears that consumers could end up losing money. The Lifetime Isa (Lisa) lets people ...
UK households have been warned the Lifetime ISA could be scrapped and replaced with another product for first-time buyers. The Labour Party government has announced that a new consultation will take ...
In the meantime, if you are saving in a lifetime ISA you may want to continue. You will still be getting a valuable government bonus, and you will still be enjoying tax-free growth on your savings and ...
A cross-party group of MPs has issued a damning report on the Lifetime ISA (LISA), concluding that it “may not be the most efficient use of taxpayers’ money”, with some savers also at risk of losing ...
Opening and contributing money to an Individual Savings Account (ISA) is a tax-efficient way for those in the UK to save or invest. However, as most people have financial savings goals, it's essential ...