Treasury Gives Bonus Boost to Thousands of Sharesave Employees ; Personal Finance

Summary

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Thousands of employees working for many of Britain's leading companies recently had a good opportunity to boost their long-term savings plans. But they probably didn't realise it, writes JEREMY GATES.

Following a Treasury decision, bonus rates payable on Save As You Earn (SAYE) Sharesave Schemes substantially increased on three, five and seven-year saving schemes.

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Extract

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Treasury Gives Bonus Boost to Thousands of Sharesave Employees ; Personal Finance

A SAYE scheme is a savings plan where employees invest a fixed am...

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