MPs call for abolition of LISA just 16 months after launch

April 2017 first LISAs available

Hannah Godfrey
Baroness Altmann is among those calling for the LISA to be axed

Baroness Altmann is among those calling for the LISA to be axed

The Treasury Committee has called upon the government to abolish the lifetime ISA (LISA) just 16 months after it was first made available, after receiving persistently negative feedback on the product.

In its latest report, Household finances: income, saving and debt, the Treasury Committee recommended the government abolish the savings product. Published on Wednesday, the report said: "This inquiry...

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