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Daily Mirror
Daily Mirror
Business
Emma Munbodh

Thousands of savers missing out on free £1,000 a year from government - how to get it

It’s been five years since the government launched a new savings account to help first-time buyers and those saving for retirement – but are you making the most out of it?

The Lifetime Isa (Lisa) launched in 2017 as a replacement to the Help to Buy Isa. It eventually took its place, offering anyone aged 18-39 the chance to save each year – and get a boost from the Treasury.

The cash can go towards your first home or your own private pension savings – and the money is paid out every year.

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