SAYE schemes post-redundancy

Good morning,

I was made redundant recently, and had been participating in a SAYE scheme for the past three years.

A letter from the SAYE administrator has come through the door containing amongst other things, a direct debit form so that I can continue to save money in to the SAYE scheme. There doesn't seem to be anything advising on whether the option price is still valid for any new amount I save in.

Also, I was on a three-year plan rather than five or seven, and my three years actually reached maturity on 01/09/2016 so don't know how this affects things?


Finally, if I carrying on contributing in to SAYE, what happens if I join a new organisation that also offers SAYE? Can I have both running together? Do I have to close the old one before signing up to the new employers? And would it purely be a matter of looking at the option prices and forecasts for both shares, or when it comes out of salary at source is it more tax efficient than transferring later?