From April 2017, those under the age of 40 can contribute to a lifetime ISA to the sum of £4,000 each tax year for the purpose of purchasing a first home or for retirement. At the end of each tax year the government will provide a 25% bonus on the contributions, so if you save £4,000 in the tax year the bonus will be £1,000. Savers will be able to make Lifetime ISA contributions and receive a bonus from the age of 18
Whether you are looking to start saving, or protecting and managing your wealth, at Abbotstone we have a range of services designed to offer you the service that you need at an affordable cost.
Financial Ombudsman Service
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk