Soon we’ll not be supporting this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Skip to main content
  • Register
  • Help
  • Contact us

Lifetime ISA vs pension factsheet

Lifetime ISA vs pension factsheet

Should I save into a Lifetime ISA or pension for retirement?

If you want to save for retirement, but you’re unsure which account is best for your circumstances, this essential factsheet could help.

This factsheet isn't personal advice, but we compare a Lifetime ISA (LISA) to a pension, and the key factors to consider when investing for retirement, including:

  • How much the government would add to a LISA vs a pension based on earnings
  • Why a workplace pension normally takes the top spot
  • When you can take money out
  • Why you should consider HL as the home for retirement savings

Download your factsheet now

Please correct the following errors before you continue:

    Existing client? Please log in to your account to automatically fill in the details below.

    Address not shown above? Enter your address manually
    This literature is for UK investors only. We are not authorised to send our literature to areas outside the jurisdiction of UK regulation and will be unable to send this literature to any address in the Channel Islands or outside the UK.




    Loading

    Please confirm that you wish to continue:

    Loading

    This isn’t personal advice. If you’re unsure you should seek advice. If you save into a LISA instead of a pension, you could miss out on employer contributions, and your entitlement to certain means-tested state benefits could be affected. Investments can go down as well as up in value, so you could get back less than you put in.

    Should I save into a Lifetime ISA or pension for retirement?

    If you want to save for retirement, but you’re unsure which account is best for your circumstances, this essential factsheet could help.

    We compare a Lifetime ISA (LISA) to a pension, and the key factors to consider when investing for retirement, including:

    • How much the government would add to a LISA vs a pension based on earnings
    • Why a workplace pension normally takes the top spot
    • When you can take money out
    • Why you should consider HL as the home for retirement savings

    This isn’t personal advice. If you’re unsure you should seek advice. If you save into a LISA instead of a pension, you could miss out on employer contributions, and your entitlement to certain means-tested state benefits could be affected. Investments can go down as well as up in value, so you could get back less than you put in.

    HL SIPP awards