Self Investment into Passive Fund of Funds

So, if you aren't able to use LISA for a house purchase and will be using it to fund retirement or later life: iinvesting with higher rate tax relief in a pension usually beats investing with LISA. Whereas if you only pay basic rate tax at the moment, pension doesn't beat LISA because £100 of pension investment costs £80 and is potentially taxable in retirement. while £100 of LISA investments costs £80 is not taxable in retirement even if you were to draw out the entire balance on one day (as long as you're age 60).