Lifetime ISA

As the LISA launches to the public, the industry may need to play a role in ensuring savers get the best possible outcome. James Phillips explores its potential future

The government has been urged to allow Lifetime ISA (LISA) savers to use their pots to pay for financial advice, putting the product on par with pensions and other ISAs.

Hargreaves Lansdown may be the first provider to offer the lifetime ISA (LISA) as it plans to launch the product on the first day possible.

The lifetime ISA (LISA) needs an independent governance mechanism to ensure savers' money is invested appropriately, PTL has argued.

Alex Cunningham, the shadow pensions minister, speaks to James Phillips about his new brief, auto-enrolment, and DB deficits

More than 20% of 23 to 36-year-olds are likely to opt out of a workplace pension they have been auto-enrolled into, research by Dunstan Thomas suggests.

The government has been criticised for excluding pensions from a poster which aims to inform the public on the various savings vehicles available.

The Financial Conduct Authority (FCA) has said individuals must be warned about losing employer pension contributions where they opt out to save into the lifetime ISA (LISA).

Three in five (61%) savers would consider opening a Lifetime ISA (LISA), with 37% doing so immediately upon its launch, a survey by Hymans Robertson reveals.

The Department for Work and Pensions (DWP) will consider giving The Pensions Regulator (TPR) additional powers should they be needed, pensions minister Richard Harrington says.