Gosling's Grouse: Let's give credit where it is due for Osborne's new Lifetime ISA

clock • 2 min read

It was the ISAs that won it!

We came to the Chancellor's 2016 Budget on the back of a lot of hard lobbying from the pensions industry to be kind to it, and to not abolish too many tax breaks. Ultimately, we are told, it was Brexit nervousness and what middle-England would think if many of the benefits of pensions were taken away, that helped save pensions for now. But little did we know that the Chancellor had an ISA-trick up his sleeve - from a huge increase in the ISA limit to £20k a year, and the new Lifetime ISA for those under the age of 40. Osborne has clearly taken on board that one of the big objection...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

UK retail sales record tepid growth in final quarter of 2024
UK

UK retail sales record tepid growth in final quarter of 2024

0.4% growth year-on-year

Sorin Dojan
clock 07 January 2025 • 2 min read
City minister Tulip Siddiq refers herself to government adviser on ministerial standards
UK

City minister Tulip Siddiq refers herself to government adviser on ministerial standards

Following recent anti-corruption probe

Linus Uhlig
clock 06 January 2025 • 2 min read
Revised figures show zero UK real GDP growth in Q3
UK

Revised figures show zero UK real GDP growth in Q3

Revised ONS figures

Sorin Dojan
clock 23 December 2024 • 1 min read
Trustpilot