Obituary for the LISA; investment implications of a no-deal Brexit; and the financial perks of marriage - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Is the LISA already dead? Three of the six principal providers of the Lifetime ISA have now stopped accepting transfers-in under the new scheme, prompting this Telegraph article to ask whether the 18-month-old tax wrapper is already dead. The piece notes Hargreaves Lansdown has joined Nutmeg and OneFamily in not accepting transfers-in because the way the 25% tax bonus is paid monthly make s it complicated for providers that do so - on account of their manually having to work out what bonus has been paid for each account. As savers can only have one LISA, says the Telegraph, those wh...
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