Platform technology provider GBST has updated its software to enable product providers to facilitate the lifetime ISA (LISA) on its Composer platform.
Providers that offer the LISA will be able to setup and facilitate subscriptions and transfers through all GBST-powered advised platforms, which include Aegon, AJ Bell and Novia. GBST also provides the underlying software for Aegon's D2C platform RetireReady, and Just and Retirement Advantage's platforms. The LISA allows those aged between 18 and 40 to open an account and save up to £4,000 a year until age 50 in order to buy a first home or help fund their retirement. The government will contribute a 25% annual bonus to all savings up to the £4,000 annual limit. GBST said its softw...
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