Why advisers should brush up on the often-overlooked Lifetime ISA

The Lifetime ISA is not obvious stomping ground for many advisers. It's not the simplest account to explain - with its two-headed purpose of saving for retirement and house deposit. And for many advisers, it will be appropriate for the children of their clients, rather than the clients themselves. But with a potential £1,000 a year of free money from the government up for grabs, it's worth a little digging. It can be a great tool for family financial planning, for parents or grandparents looking to pass on wealth to their children.  There is a £4,000 annual limit per account holder...