'Pragmatic solution' or 'barrier to pension saving'? Industry reacts to Osborne's Lifetime ISA

In his eighth Budget as Chancellor, Osborne also announced that the UK's growth target for 2016 was revised down to 2% by the Office for Budget Responsibility, from its November target of 2.4%, due to a "materially weaker outlook for the country" as the EU referendum approaches. He also introduced plans to permanently double small business rate relief, with the tax threshold for small businesses now sitting at £15,000, up from £6,000, and for higher rate payers from £18,000 to £51,000. Nucleus product technical manager Jon Gwinnett said the Lifetime ISA looks to be a reaction to the l...