Millennials say they need savings guidance amid confusion

New research has found that 44% of millennials feel they need financial guidance as they are ‘confused’ about the savings landscape.

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Transact among few to launch a Lifetime ISA

Platform provider Transact has launched a Lifetime ISA from today to add to its existing flexible ISAs and JISAs. It is one of a number of providers to launch LISAs although many banks have remained lukewarm on launching their own LISA.

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FCA: LISA risk warnings must be flagged at point of sale

Specific risk warnings about the new Lifetime ISA must be given at the point of sale, the FCA said this morning, as it outlined how it will regulate the product.

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LISA costs revealed: Treasury facing future £830m bill

The new Lifetime ISA is set to cost the Government £830m by the 2020-21 financial year.

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