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Most young adults in UK are anxious about jobs and the economy, research suggests

Respondents to King’s Trust survey cited AI and a lack of work experience as reasons they might fail in life More than seven in 10 teens and young adults in the UK say they wish they were not starting their careers in the current economic climate, according to new research from the King’s Trust . The study also found that more than a quarter of people aged 16 to 25 feel they are going to fail in life, highlighting growing anxiety among those entering the labour market. Continue reading... from The Guardian https://ift.tt/pD15uhK via IFTTT
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Lifetime Isas ‘could lead to savers making poor investment choices’, MPs say

Committee says products may not be best use of public money and may have been mis-sold to people on certain benefits

Lifetime Isas could lead to savers making poor investment decisions and may not be the best use of public money, a cross-party committee of MPs has said.

In a report published on Monday, the Treasury select committee described rules which penalise benefit claimants as “nonsensical” and concluded that lifetime Isas, known as Lisas, may have been mis-sold to savers eligible for universal credit or housing benefit.

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