Martin Lewis says the saving scheme proved a big hit but is starting to penalise the very people it sought to help
It appears to be proving a hit with millennials and generation Z but has also come under fire for the “unfair” sting in its tail. The lifetime Isa is a scheme that helps people save towards their first home or for their retirement – its big selling point is the free cash you get from the government: up to £32,000 in theory.
But the way the scheme works penalises some people, and the consumer champion Martin Lewis is among those who have called for an urgent revamp.
Continue reading...
0 Comments