THE government has announced it’s planning to scrap the Lifetime ISA and launch a brand new product to help first-time buyers. In an update today, it revealed plans for a First Time Buyer ...

Lifetime ISAs launched nine years ago, offering a 25% government bonus on savings. The idea was to help first-time buyers get on the property ladder and to boost pension savings among under-40s. But ...

A Lifetime Isa can be a strategic way for under-40s to save either for their first home, or retirement. Not only do savings ...

Rachel Reeves’s ISA tax raid could be her final own goal as chancellor - Tax will be payable on cash held in an investing ISA ...

Treasury also promises a new first-time buyer Isa with no upper age limit, as the ‘age at which a first home is bought is rising’ ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Individual savings accounts (ISAs) are government-approved financial products offering tax ...

Savers using the new account will not be hit by the same penalties for withdrawal as with the Lifetime version ...

Savers will be free to open as many ISAs as they like without losing their tax-free allowance, under plans being considered by the chancellor. According to the Telegraph, Jeremy Hunt will use his ...

Individual savings accounts (ISAs) are a way to save or invest tax-efficiently. They come in various guises, so it’s worth knowing what’s on offer so you can choose the right one for your needs. This ...

As the sun sets on a tax-free scheme used by nearly a million people, there are calls for a better deal on retirement saving Emilia Farr opened a lifetime Isa when the accounts went on sale in 2017 as ...