Sorry Joram, I couldnt remember what it actually said. Its 100% NOT the auto save. Sorry pal.
My auto save only saves every once in a blue moon. I think it only auto saves when the player doesnt save for so long. I save every 5 minutes in case it crash's (has crashed a few times, on save and loading screen but im not bothered.

So not an auto save.

If I die the game promts me to load a previous game
If I load without dying im loading from the menu that has inventory etc...

Its happening so much it may be both. I havent been back on to check which one does most.