Richard Curtis considers whether saving in a lifetime individual savings account is a viable alternative to a pension.
For the young, talk of pensions may seem a low priority given the competing financial demands of housing, student loans and living costs. Retirement planning can feel distant and complicated, and tax changes, rumoured and real, such as potential inheritance tax liabilities and possible reductions in tax-free lump sums, may cast further doubt on future returns.
For these and other reasons, those seeking to save for retirement may look to other investment vehicles and wonder whether a lifetime individual savings account (LISA) could be an alternative. The LISA
