07 September 2016
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The announcement of the Savings (Government Contributions) Bill in the House of Commons has confirmed the plans for the Lifetime ISA (LISA) are due to come into force on 1 April 2017.
People under the age of 40 will be able to open a LISA and contribute up to £4,000 a year until they reach the age of 50. The government will provide a 25% bonus on savers' annual contributions at the...
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