Individual Savings Accounts
Commons · Question 28445 · Tabled 9 Sep 2026 · Treasury · Official record
Answered 17 Sep 2026
Question
Asked by David Simmonds
To ask the Chancellor of the Exchequer, with reference to the First Time Buyer ISA: Consultation, updated 29 June 2026, for what reason the pension saving option has been removed from the First Time Buyer ISA successor scheme which replaces the Lifetime I
Answer
Answered by Lucy Rigby, 17 Sep 2026
The Government is committed to making the aspiration of home ownership a reality for as many people as possible and recognises that the Lifetime ISA (LISA) is not working for everyone. Its dual purpose of supporting both home ownership and retirement savi...