Lifetime ISA withdrawals should cover redundancy and critical illness - TISA

Penalty-free access to LISA savings is currently permitted for first-time buyers, when the saver reaches 60 and in the case of terminal illness. However, the financial services organisation believes this should be expanded. Research conducted among 223 industry professionals and members of the public agreed redundancy and critical illness should be included. Members of the general public who took part also thought moving to a bigger house should be included. Industry professionals, TISA said, were opposed to adding additional lifetime events. They warned the product could become...