Government 'putting barriers in the way' to advice for LISA savers
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 reason....
More on Law and Regulation
Latest stories
TPR and South Wales MP to listen to plight of steelworkers
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group takes over Corinthian Pension Consulting
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
TPR uses production order power for first time; revokes 74 chair's statement fines
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
ITN scheme appoints Trafalgar House as administrator
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.