LISA could cut pension pots by a third: Zurich (LISA Pension)
Research provided by Zurich has suggested people who reject workplace pensions in favour of the new Lifetime ISA could see their pension pots shrink by more than a third. The firm’s analysis found that a Lifetime ISA plans which were announced in the March Budget this year could lead to a total savings pot a third smaller than a workplace pension, based on projections in a comparative calculation over 35 years (LISA Pension).