Treasury plans to reintroduce Lifetime Isa withdrawal penalty in April

Campaigners have reacted with dismay to the news the Treasury does not plan to reduce the Lifetime Isa withdrawal penalty for another 12 months. The news means aspiring first-time buyers will again be charged their own money from April to raid their house or retirement deposits if they run into financial difficulty and need to … Read more

Pension lifetime allowance: Will the rates be frozen?

The Chancellor is hoping to save £250million a year by curbing pension tax breaks for better-off workers, according to reports on his plans for next week’s Budget. Rishi Sunak is considering freezing the lifetime allowance, the total amount you can pay into a pension and still get tax relief, at £1,073,100 for the rest of … Read more

Pensions vs Lifetime Isas: Eight ways to work out which is best

Kay Ingram:  How to make taxpayer handouts work for you Kay Ingram is director of public policy at national financial planning group LEBC. Savers under the age of 40 can open a pension or a Lifetime Isa, and use them to save for retirement with help from the taxpayer. In an ideal world, having both … Read more

Lifetime Isa: Petition for penalty to be reduced permanently gets 16,000 signatures

The Government has been forced to address plans to begin charging aspiring first-time buyers their own money to raid their house deposits if they run into financial difficulty, after a petition calling for the Lifetime Isa penalty to be permanently reduced received thousands of signatures. The penalty to withdraw money from the tax-free account was … Read more

Celebrities aren’t the stars of the Vax Factor (but they’re still playing the role of a lifetime)

Darlings, have you thought about what you are going to wear for the social event of the year — your Covid jab appointment? Over the past few weeks, many celebrities clearly have thought of little else. Sean Penn did it sockless, while Ian McKellen did it in a rainbow-knitted scarf. Anthony Hopkins did it in … Read more

Joanna Gaines reveals how watching sunset with dad changed experiences ‘I hope define my lifetime’

Joanna Gaines reveals spending MONTHS away from her dad due to lockdown changed her: ‘No longer would I measure my life based on what I achieved’ By Sameer Suri For Dailymail.com Published: 20:45 GMT, 9 February 2021 | Updated: 20:53 GMT, 9 February 2021 Joanna Gaines revealed how watching the sunset with her father Jerry … Read more

Spinderella slams Salt-N-Pepa for being cut out of their Lifetime biopic

Spinderella Cut It up One Time! Salt-N-Pepa’s third member Deidra Roper SLAMS the group’s Lifetime biopic: ‘I was wrongfully excluded’ By George Stark For Dailymail.com Published: 22:41 GMT, 22 January 2021 | Updated: 22:41 GMT, 22 January 2021 DJ Spinderella – real name Deidra Muriel Roper – wants to talk about the awkward fact she … Read more

Two-thirds of people in their 20s have done illegal drugs in their lifetime

Almost two-thirds of young adults in Britain have taken an illegal drug at least once in their life, new research suggests.  This figure is 22.2 per cent higher than official data from the Crime Survey England and Wales which informs Government policy. Authors of the new analysis, from Bristol and Public Health England, say the … Read more

The BBC’s Black Narcissus is the perfect inspiration for the trip of a lifetime to Nepal

Former Bond girl Gemma Arterton (aka Sister Clodagh) recalled the experience of filming Black Narcissus succinctly. ‘We were in the middle of nowhere in the Himalayan mountains. It took us three flights and a week to get there.’ Her co-star Alessandro Nivola who, as Mr Dean brought a fatal sexual frisson into the community of … Read more

Is it worth paying into a pension after you reach the lifetime allowance?

I’ve got a £1m-plus pension at age 48: Is it worth paying in more now I’ve hit the lifetime allowance limit? Steve Webb replies By Steve Webb for This Is Money Published: 08:42 GMT, 28 December 2020 | Updated: 09:01 GMT, 28 December 2020 I’m in the very fortunate position of having run up to … Read more