UK Parliament / Open data

Savings (Government Contributions) Bill

I am grateful to the Minister, but this is an important point. Will he explain to the House why he thinks it is right to encourage people to invest in the lifetime ISA rather than in a pension, given that a pension will give a better return, as has been demonstrated in the figures, such as the one I cited of a 32% difference over a 40-year period? Why are the Government being misguided and prioritising ISAs over pensions?

Type
Proceeding contribution
Reference
615 c638 
Session
2016-17
Chamber / Committee
House of Commons chamber
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