RE: buy back and bonus9 May 2018 18:48
on the face of it sharesaves look good value, but its not quite so.
normally you get a 3/5/7 year option to buy shares at a set price - typically market price minus 20%. Sounds good so far.
when you pay in your each month however you dont actually buy any shares, you get them at the expiry of the 3/5/7 year term. in effect you miss out on all the dividends for the length of the term. When you factor this in you come out roughly even and are totally reliant on the share price rising to make anything.
Its better (as long as you buy a good few quids worth to reduce dealing costs) to actually buy them outright each month on the market, gain if the share price does, but more importantly get the dividends on the shares you actually buy.