Business news live: Lifetime ISA facing reform and financial advice overhaul

Business news live: Lifetime ISA facing reform and financial advice overhaul

Stock markets updates and business news from Monday

Treasury Committee report on Lifetime Isa: industry reaction

There has been a mixed reaction to calls by the Treasury Select Committee for urgent reform of the Lifetime ISA (Lisa). In a report published today (30 June), MPs warned that the Lisa's dual-purpose design may be steering savers towards unsuitable financial decisions and penalising… The post Treasury Committee report on Lifetime Isa: industry reaction appeared first on Money Marketing.

Business news live: Lifetime ISA facing reform and financial advice ...

First-time buyer savings scheme ‘needs to be reformed’ say MPs

A government committee has called for the Lifetime ISA (LISA) to undergo reforms and has raised concerns over the 25% withdrawal penalty. The post First-time buyer savings scheme ‘needs to be reformed’ say MPs appeared first on what MORTGAGE.