Recommendation 13

The Government’s argument that the LISA should be included within a Universal Credit eligibility assessment because the Government has contributed to the balance within the LISA is inconsistent. The Government provides higher levels of contribution through tax relief to many other pension products that are not included in the Universal Credit eligibility assessment, such as workplace pensions and SIPPs. Treating one retirement product differently from others in that regard is nonsensical. (Conclusion, Paragraph 105)