How does a Save As You Earn Share scheme work?
Find out if your company runs a Save As You Earn Share scheme. These government approved schemes encourage workers to buy shares in their employer’s company. You pay in to a savings account each month for five years. At the end of the term, you have an option to buy the shares (usually at a price set at the beginning of the term). at a reduced price. It’s a no lose situation, as you’ll be getting a bargain if the shares have risen in price. If they’ve fallen in price you’re under no obligation to buy … a superb gift of free money in our opinion.
Tags: share schemes, save as you earn
