This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. All companies in the UK offering an occupational pension ...

Q&A:AVCs are a useful way of augmenting a pension fund, especially if it is a flexible, public-sector scheme. Q I am a secondary teacher and started buying AVCs in January 2001 to make up for a gap in ...

The legislation actually allows AVCs to be transferred to PRSAs at any time. A lot of employees have trouble keeping track of their AVC funds and are often blinded by the complexity of the pension ...

The early release of AVC pension funds could generate €1.24 billion for the Exchequer, a new report from IBEC has said, helping to kickstart the domestic economy and avoid the need for tax increases.

Seven defined benefit schemes with £217bn in assets have asked for Work and Pensions committee intervention due to concerns regarding ‘stronger nudge’ requirements, which they believe are not fit for ...

Q: I am an employee and have a pension and I contribute 5pc of my salary into it and my employer matches that amount. However, even if I increase my contributions my employer will not pay any more ...

Prudential has introduced an "early exit penalty" for new local government pension scheme members making short-term additional voluntary contributions to cover lost fund management charges. The firm ...

Local government pension scheme (LGPS) members have been banned from taking their entire tax-free lump sum from a pot built up through additional voluntary contributions (AVCs). The rules - part of ...

Additional Voluntary Contributions (AVCs), which were invested in Equitable Life’s with-profits policy were transferred away from Equitable Life to a company called Utmost Life and Pensions (‘Utmost’) ...