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Sharesave Query

Introduce yourself to the RMC community.Introductions only please, use the other forums for your query if you have one. This is an open forum.
Adyboxster
Posts: 1
Joined: 07 Mar 2011, 17:43
Gender: Male

Sharesave Query

Post by Adyboxster »

Have I stumbled across an anomaly with the Sharesave Scheme?
My statement tells me I'm saving £59 per month but as I'm paid weekly and pay £14.75 each week this amounts to £63.92 per month. The £4.92 per month over 3 years equals an extra £177 I'm paying into the scheme which surely means I should be allowed to buy more shares. Does anyone have the answer?
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72434
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Sharesave Query

Post by TrueBlueTerrier »

Have I stumbled across an anomaly with the Sharesave Scheme?
No

http://www.royalmailchat.co.uk/communit ... 38&t=72827" onclick="window.open(this.href);return false;
Details shown on your statement include:

The SAYE contract start date (1 December 2014)
The amount you are saving each month (even if you are paid weekly)
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