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.

Related guides and factsheets

Avoid the pitfalls and navigate the ISA maze successfully

Offers a generous cash incentive that can be put towards a deposit for a first home or used to save for retirement 

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Anna Bowes
Founder

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