'You turn if you want to': Seven notable government policy U-turns

LISA and pensions dashboard under threat

Victoria McKeever
clock • 3 min read

As news recently surfaced that the Lifetime ISA and pensions dashboard may be the latest government policies to get the axe, PA decided to look back at a selection of key policy changes from the past year…

The financial services industry is no stranger to government backtracking on policy, particularly in the past year as political shake-up seems to be the order of the day as the fallout from Brexit continues.   Amid the chaos, advisers could be forgiven for losing track of which policy was now on the chopping block. We thought this summary of seven key policy U-turns might serve as a handy reminder… Lifetime ISA Last week, the Treasury Committee called on the government to abolish the Lifetime ISA (LISA) just 16 months after it was first made available. In a report, the committ...

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

Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read
FCA flags progress on internal DEI targets and urges action on Consumer Duty

FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock 11 July 2025 • 2 min read
FCA reviewing client categorisation rules to distinguish retail investors from the pack

FCA reviewing client categorisation rules to distinguish retail investors from the pack

Goal of 40 more initiatives to be completed by year end

Eve Maddock-Jones
clock 10 July 2025 • 2 min read