The latest edition of Trustnet Magazine, out today, focuses on retirement saving, with a cover story on whether the soon-to-be-launched Lifetime ISA can compete with pensions.
Many people lack the discipline to put a regular amount away unless it is automatically removed from their salary, meaning the Lifetime ISA looks to be at an immediate disadvantage compared with pensions. However, the new product also offers greater flexibility when it comes to accessing your money and appears to be less susceptible to government tinkering.
This brings us to a story by Pádraig Floyd, who discovers that as tax-free pension limits fall, the number of people breaching annual and lifetime allowances is on the rise. He reveals how you can avoid finding yourself in this position. Meanwhile, Maggie Williams finds out how economies of scale can affect your workplace scheme and asks whether it is worth the effort of searching elsewhere for a better deal.
In our regular columns, Adam Lewis reveals that side-stepping volatility will be the key skill for bond fund managers in an era of rising rates, 4 Shires’ Jeremy Le Sueur highlights a high-growth trust on a 19 per cent discount and Fidelity’s Alex Wright names three defensive stocks that can now be classed as value trades.
As always, Trustnet Magazine is completely free – simply click here to start reading or here to download the PDF.