From 1 April 2017, all UK employees are able to save into the Diageo ISA which offers a wide range of investment choices. The limits on how much an employee can save are set by the government each tax year, £20,000 for 2017/18. Employees can access their savings at any time and benefit from tax-free returns.
Employees who join the Diageo Pension Plan can benefit from matching contributions depending on the level of their pension contributions.
|
Diageo Pension Plan |
Diageo ISA |
||
|---|---|---|---|
|
Your contribution |
Diageo's contribution |
Your contribution |
Diageo's contribution |
|
3% |
6% |
No limit* for every 1% you pay |
Diageo will pay 1% (up to a maximum of 3%) |
|
4% |
8% |
No limit* for every 1% you pay |
Diageo will pay 1% (up to a maximum of 2%) |
|
5% |
11% |
No limit* for every 1% you pay |
Diageo will pay 1% (up to a maximum of 1%) |
|
6% |
14% |
No Limit |
No matching contribution |
* 2017/18 £20,000
Employee Guide
You can view an Employee guide to the Diageo ISA by clicking here.
How to join
If you want to start saving you can do this form My Benefits Hub by selecting My Benefit Choices.
Further Information
For further information on the Diageo Individual Savings Account please visit the Hargreaves Lansdown site by clicking here.