In addition to 2010 spending review
With effect from 3 January 2018
Three separate £500 withdrawals
DB providers 'likely to show resistance'
No mention of pensions
The government has decided to drop the 5% withdrawal penalty charge on the Lifetime ISA (LISA) for savers exiting the scheme in its first year.
From the RDR and the Financial Advice Market Review (FAMR) to pension freedom, the ability of consumers to access some form of financial advice has been a big focus for both the government and the regulator.