Overview

Diageo has partnered with Hargreaves Lansdown to provide you with the Diageo Savings Plan ('the Plan') - a simple and flexible way to invest for your future - and your family's.

There are two main features of the Plan - the first being the Diageo Individual Savings Account (ISA). This is a tax efficient savings account, where you can hold investments for long term growth - otherwise known as a 'Stocks & Shares ISA'.

Diageo gives you the opportunity to make contributions into the Diageo ISA from your payroll. Diageo may even match these contributions up to a certain limit (please login to 'My Diageo Benefits Hub' to check your matching basis). This is a great opportunity to help you save. Please note, we do not offer a Cash ISA, although any contributions made to this Diageo ISA will remain as cash until you make an investment decision.

The second main feature of the Plan is the Fund & Share Account. This is a low-cost, flexible investment account that allows you to deal, manage and hold a wide range of investments. Unlike an ISA or a pension, your money doesn't grow free of capital gains or UK income tax - it is therefore wise to consider using your ISA allowance first, and if you wish, direct any savings from the Fund & Share Account into further tax-efficient products (see 'Further Investment Accounts' below).

Diageo are offering these products as they recognise that everyone's savings and investment goals are different - perhaps you are aiming to save for a house deposit, your children's education, a new car, or to supplement your retirement.

Comparing the Stocks & Shares ISA and the Fund & Share Account

You can manage all your investments online, over the telephone or via free smartphone and tablet apps.

To join the Diageo ISA or Fund & Share Account simply download the forms from the Diageo Savings Plan guide or contact HR.

Further Investment Accounts

If you choose to direct contributions into the Fund & Share Account - you can either leave them there to invest, or direct them into one or more of the below tax-efficient accounts:

• Junior ISA
  A tax-efficient investment plan for children. The money can grow free of capital gains tax and further UK income tax. Find out more »
• SIPP (Self-Invested Personal Pension)
  A tax-efficient pension for you and/or your spouse/partner. Find out more »
• Junior SIPP
  A tax-efficient pension ('Self Invested Personal Pension') for children. Find out more »