Additional Voluntary Contributions (AVCs)

Additional voluntary contributions (AVCs) are a tax efficient way for members of a group pension scheme to save for their retirement. They are extra contributions made by the group scheme member in order to provide better benefits when they retire. They are an excellent way to make full use of tax relief. They are very useful when it comes to topping up your pension if you find that there is a pension gap.

How flexible are AVCs?

AVCs are very user friendly. You can decide to contribute more, or less, or cease altogether as your circumstances alter.

Until 27th March 2016 you can withdraw up to 30% of the value of Additional Voluntary Contributions (AVCs) made to your occupational pension scheme and PRSAs. You should talk to one of our experts before doing so, in order to maximise the benefit to you.

Where can I find out more?

Please contact one of our experienced and qualified advisers to find out how AVCs can help you prepare for the future

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