What is a Lifetime ISA and how does it work?

What is a Lifetime ISA and how does it work?

The Lifetime ISA (LISA) launched this month offering a whole new way to save. It’s an exciting opportunity for first-time buyers as it will be offering a 25% bonus on top of what you save. Most people will be familiar with normal ISAs.  Under a normal ISA you can save...
Pension Reforms

Pension Reforms

The biggest change in the pension rules that certainly I have ever seen is about to take place. From April 5th anyone over the age of 55 will be free to cash in their Defined Contribution (DC) pension pot. Previously people were required to take out an annuity which...