Last Minute Additional Voluntary Contributions (AVCs)
An AVC is an Additional Voluntary Contribution you choose to pay in addition to the contributions you must pay into your pension plan.
You can make a last minute AVC payment into your pension scheme before you retire. This can be particularly attractive for you if you can get tax relief on the contribution you make before you retire and if you can then get back your AVC fund as a tax free lump sum on retirement.
This video provides more information to help you understand the benefits of a last minute AVC.
To get a better understanding of how AVCs work, view our video:
WARNING: If you invest in this product you will not have any access to your money until your retirement date.
WARNING: The value of your investment may go down as well as up.
WARNING: The value of the fund may be affected by changes in currency exchange rates.
WARNING: If you invest in this product you may lose some or all of the money you invest.
