Government 'putting barriers in the way' to advice for LISA savers

James Phillips
clock • 2 min read

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.

The LISA, which launches to the public on 6 April, currently classifies adviser charge as a chargeable withdrawal, meaning savers will incur a 25% penalty if they access their savings for this reas...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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