Lifetime ISAs leave some with less money than they put in, MPs warn
Source: BBC
Shanaz MusaferBusiness reporter, BBC NewsGetty ImagesSome people who pay into a Lifetime Individual Savings Account (LISA) may end up getting less money out than they put in, MPs have warned, as they call for the product to be reformed.Anyone under 40 can open a LISA to either help save towards retirement or buy a first home. You can put in up to £4,000 a year and the government will top it up by 25%.But the…
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