Individual Savings Accounts
Commons · Question 19979 · Tabled 28 Aug 2026 · Treasury · Official record
Answered 4 Sep 2026
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, what assessment has been made of the potential impact on peoples' retirement savings of replacing the Lifetime ISA with the proposed First-Time Buyer ISA.
Answer
Answered by Lucy Rigby, 4 Sep 2026
The Government recognises that the Lifetime ISA (LISA) is not working for everyone and that its dual purpose of supporting both home ownership and retirement saving can create complexity for savers. The Government is therefore consulting on a new FTB ISA ...