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The lifetime Isa is being scrapped - what does it mean for you?

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The government has announced that it's replacing the lifetime Isa (Lisa) with a new savings product specifically to help first-time buyers. But what will it look like?
In this episode of the Which? Money podcast, we’re joined by our mortgages and property expert Sam Wilson, who outlines what the Lisa is, how it’s helped first-time buyers, but also how it’s hampered certain house-buyers from accessing the government bonus because their property was too expensive.
The new account will be targeted only at first-time buyers, removing the Lisa component that helps those save for retirement. Rachel Vahey from AJ Bell shares her concerns that the self-employed will need more support to save money for later life.
What is the Which? Money podcast?
The Which? Money podcast offers weekly advice to help you get on top of your bills and tackles the issues hitting your pocket, from spiralling energy costs to your weekly food shop.
Each week, Lucia Ariano is joined by members of our expert team of journalists to talk about something that really matters to you, sharing their tips to help you make sense of your finances.
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