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LISA Withdrawal Penalty Petition
tomh1993
Posts: 5 Forumite
Hargreaves Lansdown have created a petition requesting the government to keep the withdrawal penalty at 20%. This would ensure that savers are not penalised and that only the government gifted amount is lost. There is still a lot of uncertainty around thousands of people's financial situations, both now and in the future. If it reverts back to the 25%, then you will be getting back less than you've paid in. Thousands could potentially need to access their savings due to them facing unexpected hardship as a result of the lasting economic effects of coronavirus. This is not fair and savers should not be penalised.
Please sign the petition!
Please sign the petition!
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Stupidly not allowed to share the link so please remove the spaces below
https:// petition.parliament.uk/petitions/570826
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