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New Lifetime ISA explained - free factsheet

Lifetime ISA factsheet

New Lifetime ISA explained - simply enter your details below

The government is launching a new Lifetime ISA from April 2017. Enter your details to find out more. This factsheet is not personalised advice.

The factsheet is based on our understanding of the Budget announcement. It is a broad summary and cannot cover every situation. It is not personal advice. The value of investments can fall as well as rise so you may get back less than you invest.

Hargreaves Lansdown PLC group companies will usually send you further information by post and/or email about our products and services. If you would prefer not to receive this, please do let us know. Your personal data will remain confidential, and will never be passed to any other company, unless required by law.

"I am introducing a completely new flexible way for the next generation to save. It is called the Lifetime ISA"

In the March 2016 Budget, the chancellor announced major improvements to ISAs.

From April 2017 the ISA allowance will rise to £20,000 and a new Lifetime ISA will be launched for anyone aged 18 to 40.

For every £4 you invest in a Lifetime ISA, the government could add £1.

Download our free factsheet now to find out more, including:

  • How much you can invest each year
  • The penalties to watch out for when you access your money
  • Where you can invest (cash, stocks and shares)
  • The options for savers who already hold a Help to Buy: ISA

The factsheet is based on our understanding of the Budget announcement. It is a broad summary and cannot cover every situation. It is not personal advice. The value of investments can fall as well as rise so you may get back less than you invest.

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