THE government has announced it’s planning to scrap the Lifetime ISA and launch a brand new product to help first-time buyers. In an update today, it revealed plans for a First Time Buyer ...

The Government is expected to scrap the option for retirement saving in the lifetime ISA (LISA) meaning the product would only be available for first-time buyers. The Labour Party said in the Budget ...

In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our experts. If you have a question, email us at money@inews.co.uk. Question: I am ...

A new First Time Buyer ISA that would replace the existing Lifetime ISA has been announced by the Government. The First Time Buyer ISA, which is expected to launch in April 2028, would give savers a ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Individual savings accounts (ISAs) are government-approved financial products offering tax ...

Savers using the new account will not be hit by the same penalties for withdrawal as with the Lifetime version ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Lifetime Isa — Lisa for short — is sadly destined to become a legacy product. In the coming weeks, the ...

“I’ve stopped paying into my Lifetime ISA now. I don't think it's worth it,” a friend explained. The rest of the group, mostly renters in their early 30s, nodded in support as she explained her plight ...

Individual savings accounts (ISAs) are a way to save or invest tax-efficiently. They come in various guises, so it’s worth knowing what’s on offer so you can choose the right one for your needs. This ...