What is sharesave?
If you are eligible for a companys sharesave scheme, you are given the option to buy shares (usually at a discounted price) at a given point in the future (this can be 3, 5 or 7 years from the start of the scheme). To enable you to exercise this option at the appropriate time, you choose to save an amount every week or month which is invested automatically from your net pay. If your scheme is administered by Lloyds TSB Registrars, you can use the portfolio service to keep an eye on the level of your savings.
