The ISA regulations to introduce the new Lifetime ISA (LISA) came into force on 6 April 2017. The Lifetime ISA is a totally new type of ISA with separate reporting requirements and differs from other ISA types in many aspects including the new concept of individuals making current year payments into the Lifetime ISA rather than ISA subscriptions. These workshops should be especially useful for ISA managers who are already offering the Lifetime ISA and wish to ensure that their staff are aware of the key rules, and also for those managers that are anticipating or considering offering the Lifetime ISA in the near future.
The workshop is designed to provide ISA managers with a detailed overview of the new Lifetime ISA rules. It should be noted that the material will be based on our interpretation of the rules at the time of each workshop although it is not anticipated that any significant changes will now be made to the ISA regulations or guidance.