New Account type: Lifetime ISA

Another one here who would love a lifetime isa with T212 :slight_smile:

@David @Ivan
What are the changes the LISA will be offered next year before march?
low or high?

I don’t even work for them and I know it’s going to be very low. Like 90% sure there won’t be a LISA for the coming tax year

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Yea might not. just checked with HL they said they don’t take transfers cause it’s too complicated.

Oh serious, I’m stuck in the same position then. But I’d assume they will have it ready just before the 2022/23 tax year anyway. So leave the amount in the HL and start fresh with a new amount when the LISA is out on Trading 212. If just keep asking close the the new tax year a timescale on it so you don’t put money into it on the new tax year

They are working on sipp over Lisa most likely

@Tony.V any update on LISA? I’ve got a year left and then I won’t be eligible so will be cool if it happens before then

I currently hold a lifetime ISA with AJ Bell their fees are extortionate. This would be a welcome addition to T212 and I would move my account over immediately

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Same here… would love to shift to T212 and have all portfolio’s managed by them…

Me too, waiting for Sipp and Jisa from Trading212.

A LISA on T212 is urgently needed.

I’m not sure why they don’t implement it, it should be very similar to their current ISA other than different limits and the integration with the government to get the 25%.

it has its own regulations and requirements that need to be met and handled. its not something that can just be done overnight and they are busy with other projects already.

would be a welcome addition, but as they already have an ISA offering, it’s unlikely to be a high priority item at the moment.

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Reviving this topic as there is so much movement with new account types coming (cash ISA and SIPP).
What about LISAs? Are they on the roadmap after the other stuff?
Would love to move all my accounts here in the long term, as I’m very happy with the offering.

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Hey, @NakamuraRTS :wave:

We’re currently focused on introducing Cash ISAs and SIPPs to the app, but LISAs are definitely something that we’ll consider afterwards. We’ll let you know once we have any updates on the topic :pray:

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I would happily move mine across to trading 212 , if it provides LISA

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Same. I’ve got mine with mine with Moneybox.

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Any news on this seem to been a while with no news would love to move mine over

We appreciate your interest but there’s no news on the topic for the time being :pray:

With so many people leaving HL there is a gap in the market place.
T212 has a much nicer layout and easier to navigate website compared to HL and AJ Bell.
How much closer is T212 to onboarding a LISA or allowing LISAs from other holders to transfer across?

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I fear it may not happen any time soon if at all, as much as I’d like it to.

I’d imagine there’s a fair administrative burden in terms of things like releasing funds to solicitors for house purchases.

The £4k annual limit means it’s not going to bring in big money compared to Isas and pensions either.

I hope I’m wrong and it’s next on the list after Sipps but there must be good reason that a fair few brokers don’t bother with Lisas.

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