3-5 years you get some benfit too (y)

Also the limit is either £125 per month or x% of your salary (y) I pay £50 a month into ours so every mo nth I get given £50 worth of free shares in addition to saving 20% of £50 off my tax :)

We have an SIP at work,

the company will match what we put in every month upto £64, (so if you pay in £64 a month you will be getting £128)

have to leave them for 5 years tho before its tax free :|

Do you have a Share Incentive Plan as well as an SAYE scheme?

SIPs are MUCH better in 99.9% of cases (y)

Or just have a bit of banking/shares knowledge and the first sniff of it going bump you invest elsewhere?

Then bank with a decent bank?

quote:

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Originally posted by ash_corsa
There is no risk in a cash ISA

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Yeh, Cash ISA is what I meant lolz

There is no risk in a cash ISA

... :|

edit.. are you out your tree?

[Edited on 15-09-2008 by Russ]

ISA isn't at risk at all.....

isa has a risk though, im guessing these dont (unless the company goes bump)

Isn't that worse than just putting it in an ISA?

My ISAs are currently getting about 4.75% lowest, 5.75% highest IIRC

.....or am I missing something?

I do it.

£50 per month ;)

Anyone contribute to one of the these with their company?

We get to but at a 20% discount and then sell in 3 years or take our money back with 4.23% interest.

I'm thinking of doing this as our share price is super low at the mo