Property News · August 5, 2014

Pension expert calls for tax-free Isas to be made lifetime savings accounts


Savings proposal suggests the Treasury could contribute 50p for every pound saved, up to an annual allowance of £8,000Tax-free Isas should be transformed into “lifetime” savings accounts topped up with Treasury cash, according to a leading pensions expert.Michael Johnson, a research fellow at the Centre for Policy Studies thinktank, said the lifetime Isa he was proposing would encourage those now in their 20s and 30s to save for retirement. Continue reading…

Source : theguardian.com
Read more…Pension expert calls for tax-free Isas to be made lifetime savings accounts

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