Chancellor urged to create 'Lifetime ISA' to replace pensions

Stephanie Baxter
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A think tank has called for Chancellor George Osborne to create a single "Lifetime ISA" by 2017, saying recent changes to ISAs are not enough to spark a savings culture.

Centre for Policy Studies fellow Michael Johnson says in a paper that this product would simplify and boost savings and would act as a "savings chameleon" by incorporating features typical of both ...

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