Lifetime Isas ‘could lead to savers making poor investment choices’, MPs say

<p>Committee says products may not be best use of public money and may have been mis-sold to people on certain benefits</p><p>Lifetime Isas could lead to savers making poor investment decisions and may not be the best use of public money, a cross-party committee of MPs has said.</p><p>In a report published on Monday, the Treasury select committee described rules which penalise benefit claimants as “nonsensical” and concluded that <a href="https://www.gov.uk/lifetime-isa">lifetime Isas</a>, known as Lisas, may have been mis-sold to savers eligible for universal credit or housing benefit.</p> <a href="https://www.theguardian.com/money/2025/jun/30/lifetime-isas-could-lead-to-savers-making-poor-investment-choices-mps-say">Continue reading...</a>