Advice for applicants

Part of Savings (Government Contributions) Bill – in a Public Bill Committee am 9:25 am ar 1 Tachwedd 2016.

Danfonwch hysbysiad imi am ddadleuon fel hyn

‘(1) The Secretary of State must make provision by regulation to ensure all providers of Lifetime ISAs or Help-to-Save accounts provide applicants, at the point of application, with—

(a) advice about the suitability of the product in question for each individual applicant, and

(b) information about automatic enrolment and workplace savings schemes.’—

This new clause would require advice for those seeking products that also includes information on automatic enrolment and workplace savings.