Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

Obituary for the LISA; investment implications of a no-deal Brexit; and the financial perks of marriage - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Is the LISA already dead? Three of the six principal providers of the Lifetime ISA have now stopped accepting transfers-in under the new scheme, prompting this Telegraph article to ask whether the 18-month-old tax wrapper is already dead. The piece notes Hargreaves Lansdown has joined Nutmeg and OneFamily in not accepting transfers-in because the way the 25% tax bonus is paid monthly make s it complicated for providers that do so - on account of their manually having to work out what bonus has been paid for each account. As savers can only have one LISA, says the Telegraph, those wh...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Is being Chartered worth it? Breaking down the perennial dissensus

Is being Chartered worth it? Breaking down the perennial dissensus

‘Many non-Chartered advisers are just as competent as those who are’

Hope Coumbe
clock 10 May 2024 • 4 min read
Andrew Goodwin: Financial advice and the Evangelista effect

Andrew Goodwin: Financial advice and the Evangelista effect

'Future of advice lies in independence, approachability and affordability'

Andrew Goodwin
clock 10 May 2024 • 4 min read
Aviva integrates robotic process automation into platform capabilities

Aviva integrates robotic process automation into platform capabilities

Robotic process automation removes need for client by client process

Sahar Nazir
clock 09 May 2024 • 1 min read