The Lifetime ISA, impact investing and peer-to-peer lending - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Young high earners turn to 'lifetime Isa' to dodge 55% pension tax After the Chancellor Rishi Sunak froze the lifetime allowance in the government's recent Budget, experts are saying the Lifetime ISA might provide some tax-efficient refuge for those under 55 in danger of breaking the allowance, writes The Telegraph. "For those who qualify," says AJ Bell's Tom Selby in the article, "the Lifetime ISA will be an obvious starting point as it benefits from a 25pc bonus and tax-free withdrawals for a first home worth £450,000 or less, or from age 60." Hargreaves Landsdown's Nathan Long a...
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