Enable transfer of pension funds to lifetime ISA for use as a mortgage deposit

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Enable transfer of pension funds to lifetime ISA for use as a mortgage deposit

Petition Details

I struck upon an idea where you could possibly transfer a stakeholder pension into the new lifetime ISA coming soon. The idea would be to only allow for security against a mortgage.

Additional Information

I would suggest that the transferred fund would be exempt from the annual government bonus but attract normal interest.

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