Some people who pay into a Lifetime Individual Savings Account (LISA) may end up getting less money out than they put in, MPs ...

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The report added: “If the Government is unwilling to equalise the treatment of the Lifetime Isa with other ...

The Treasury Committee said the design of the Lifetime Isa may be diverting people away from more suitable products.

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The complexity of Lifetime ISAs could increase the risk of savers making poor financial decisions and the products may need to carry warnings for some people, according to a committee of MPs. The ...

In the financial year 2023/2024, there were 1.3 million open Lifetime ISA accounts with 99,650 unauthorised withdrawals ...

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People with a Lifetime Individual Savings Account (LISA) have been warned by MPs that they may actually get less money than they put in. LISAs were launched in 2017 and allow anyone under 40 to save ...