A dozen LISA myths debunked

Lisa launched on 6 April

Victoria McKeever
clock • 4 min read

A number of misconceptions about the Lifetime ISA (LISA) have sprung up over the year since the product was unveiled by then Chancellor George Osborne in the 2016 Budget. Danny Cox goes about debunking the myths...

From fears it may encourage savers to prioritise property over pension savings, to criticism over the age limit and exit charges involved, the LISA has attracted its fair share of scrutiny as providers, advisers and the regulator have all weighed in on its pros and cons. Here Hargreaves Lansdown chartered financial planner Danny Cox (pictured) sets about debunking 12 myths about the LISA that have been aired to a greater or lesser degree over the last 12 months. 1. 'It is better to wait until the end of the tax year to open a LISA' Investing at the start of the tax year means an inv...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: Is it time to take another look at China?

Darius McDermott: Is it time to take another look at China?

'It has been a difficult period for the Chinese stock market'

Darius McDermott
clock 06 October 2026 • 5 min read
AI 'circular financing' raises dot-com bubble concerns

AI 'circular financing' raises dot-com bubble concerns

Quilter’s Marcus Brookes discusses at PA360 North

Sophia Panayi
clock 05 October 2026 • 3 min read
HNWIs embrace bitcoin as a diversifier amid bond and equity convergence

HNWIs embrace bitcoin as a diversifier amid bond and equity convergence

Full crypto regulation from next year

clock 05 October 2026 • 4 min read