PETITIONOpenPetition · petition.parliament.uk
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.
Last fetched 03 May 2026 · petition.parliament.uk
Signatures
34
signatures
Government response threshold (10,000) · 34/10,000
Debate threshold (100,000) · 34/100,000
Background
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.