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With the news that the LISA is set to go ahead as confirmed in the Savings Bill, Richard Parkin Head of Pensions Policy at Fidelity International welcomes the news but urges continuity in the pensions landscape for the foreseeable future. |
“The Treasury has confirmed that the LISA will go ahead to the original timeline of April 2017. “With today’s news, Fidelity will continue to put efforts into developing our offering to market, whilst ensuring this does not delay the wide range of other enhancements we are making on our platforms. However, details are still being decided by HMRC and the FCA which are essential to the LISA’s development and early clarity is required on these to hit the target launch date. With the Lifetime ISA now set to proceed, it is important that the savings and investment landscape stays stable for the foreseeable future.” |
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