The new Lifetime ISA could be used for “other specific life events” apart from buying a first home and for retirement.
Chancellor George Osborne, in an annual Budget ritual, announced a series of measures to crackdown on both large and small tax loopholes.
The Lifetime ISA has been attacked as a ‘gimmick’ and a ‘competitor’ to pensions - less than two hours after it was revealed.
Tax-cutting measures to boost enterprise and company investment were high on Mr Osborne’s priority list in this year’s Budget.
The Chancellor has warned of a “dangerous cocktail of risks” facing the world economy.
The Government’s latest Budget is set to be announced this afternoon and you can follow it all right here.
Risk appetite among clients is falling and has dropped below the level it was at a year ago, research suggests.
The FCA has granted full discretionary fund management permission to Succession Group, the company announced this morning.
The Government’s latest Budget is set to be announced this afternoon, with reports this morning that the Money Advice Service could face the chop.
A former equities trader at Schroders Investment Management has pleaded guilty to nine counts of insider trading, the FCA has reported this afternoon.