Lifetime ISA parliamentary consultation: have your say!

eskbanker

The Treasury select committee have commissioned a review "asking for evidence on whether the Lifetime Individual Savings Account (LISA) is still an appropriate financial product nine years after it was created", including a range of questions seen regularly on threads on here, so those with views on the subject are invited to participate in the public consultation process (by 4 February):

1. Is the Lifetime ISA fit for purpose in its current design, including as a combined product for house purchase and pension saving? 
2. How well do consumers transition between using the Lifetime ISA as a product for house purchase, to then a product for pension saving?   
3. Given its policy purposes, is the Lifetime ISA value for money for the Government? 
4. Is the Lifetime ISA a suitable pension savings product? 
5. Should the Lifetime ISA be abolished? 
6. Should the Lifetime ISA be reformed to remove the withdrawal penalty? 
7. Should the Lifetime ISA be restricted to those with no access to a workplace pension? 
8. Should the Lifetime ISA house price cap be raised in line with inflation, or removed? 
9. Should the annual Lifetime ISA limit be raised from £4,000? 
10. Should the Lifetime ISA be reformed in any other way? 

Is the Lifetime ISA fit for purpose in 2025? Committee calls for evidence - Committees - UK Parliament

Call for Evidence - Committees - UK Parliament

Apologies if this is old news but I don't recall seeing any mention of it on here since the publication of the above pages on the 7th....

WillPS

Thanks for sharing, will have a look in the week.

Some sort of reform is definitely overdue, of course whether what eventually happens will end up being an improvement is anyone's guess.

garfield33

Thanks for highlighting this - I've submitted my comments