Source · Select Committees · Treasury Committee
Recommendation 14
14
Treat Lifetime ISA savings equally to other pension products within Universal Credit means testing.
Recommendation
If the Government wants to encourage long-term saving for retirement through Lifetime ISAs, it must treat the savings in a Lifetime ISA in the same way as other pension savings products as part of the Universal Credit means test. (Recommendation, Paragraph 106)
Government Response
A response document is linked to this report, dated 11 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗