Kirsty Worgan looks back on the outcomes from the Budget and asks if the workplace Lifetime ISA is a fait accompli
The pre-Budget hype around pensions tax relief that turned into pre-Budget warnings not to expect anything radical made for an interesting couple of weeks. I won't dwell on the already dissected detail; I'm more interested in the direction of travel and what it means for investors. Mr Osborne repeatedly stated that it was a Budget for the next generation, with the Lifetime ISA (LISA) aimed at the under 40s. Putting the vested interests of the pensions industry aside, the LISA intends to strengthen positive sentiment towards saving for the long term, with a nod to our inherent prese...
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