Lifetime Isas, how they work and how to make the most of free top-up money from the government

Under 40? Thinking about buying your first home or putting money aside for your pension? You might want to consider investing in a Lifetime ISA (Lisa).

This is because the government gives you a bonus of 25 per cent on top of everything you put in. That means you could receive £1,000 of free money each year, if you deposit the maximum amount of £4,000.