LISA vs Pension

kidmugsy

Thrugelmir wrote: »

Pension ... Tax free up to annual personal allowance plus drawdown on tax free sum....
Pension isn't considered as savings when claiming benefits.
Pension pot can be passed on tax free on death.

All true but we don't know what the basic rate of tax will be when the pension is drawn. It was over 30% when I was young. The LISA 'freezes" the current low basic rate of income tax, the pension doesn't. Still, I'd think that salary sacrifice tilts the choice towards the pension. Salary sacrifice should probably be used while it's still available.