Petition Keep Lifetime ISA for retirement savings & make a new ISA for first time buyers

I urge the Government to keep the current Lifetime ISA for retirement savings and reconsider scrapping or reforming it. We believe it is not a complicated product for those who use it to save for their future retirement and that first time buyers seem to be the ones having issues.

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We want the Government to leave the Lifetime ISA in place for long-term savers and to instead consider starting a new ISA for first time buyers to save for their homes, as that seems to be where the issue lays.

We believe the current Lifetime ISA is a wonderful product that a lot of people rely on for saving for their retirement, and the talk of scrapping it is causing a lot of anxiety. Many people have invested their money in it since it started, and we feel the fact the Government may scrap it is unfair.

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33 signatures

Progress of the petition towards its next target: 33 of 10,000 signatures required to get a government response

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Created by Victoria Ilott
Deadline 14 July 2026 All petitions run for 6 months
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