Treasury: 800,000 people will use LISA by 2021

James Phillips
clock • 2 min read

More than 200,000 savers will have taken up the lifetime ISA (LISA) within a year of its launch, according to the Treasury.

By 2021, this number will have risen to 800,000, with around £850m of government top-ups being granted in the year. It said there will be a higher growth in take-up from 2020 due to the closure of ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

Why employers must not wait until 2029 to review pension salary sacrifice

Why employers must not wait until 2029 to review pension salary sacrifice

Mark Pemberthy says the effect of the cap will be felt acutely by payroll and benefits teams

Mark Pemberthy
clock 27 February 2026 • 5 min read
PMI: VfM is evolving, but it must resolve a core tension over metrics

PMI: VfM is evolving, but it must resolve a core tension over metrics

Helen Forrest Hall explores the tension between past performance and future strategy

Helen Forrest Hall
clock 25 February 2026 • 4 min read
Smiths News receives warning notice from TPR over Tuffnells scheme

Smiths News receives warning notice from TPR over Tuffnells scheme

Regulator considering FSD after Tuffnells sponsor entered administration in 2023

Jonathan Stapleton
clock 23 February 2026 • 1 min read
Trustpilot