Lifetime ISA or Pension?
Would you be better off saving for retirement using a Lifetime ISA or pension plan?
"This factsheet is intended for information only and should you need more advice, please get in touch"
The Lifetime ISA (LISA) offers a real option to younger people who are saving for their retirement, since they launched in April 2017.
The Government has stressed that LISAs are not a replacement pension but rather an additional savings tool and so you might want to save into both.
To help you plan effectively, Savings Champion compares the two in a factsheet designed to make you aware of differences and explain how they work - enabling you to make an informed decision.
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Anna Bowes
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