Introduction

What are AVCs?

Additional Voluntary Contributions (AVCs) are a tax-efficient way of topping up your pension.

Why would I need to pay AVCs?

The Pilkington Superannuation Scheme provides you with a pension, but there are a number of reasons why this may be less than you would like. You may have:

• Joined the Scheme or started your pension provision later in life.
• Previously worked for a company that didn't have a scheme and you didn't make any alternative provisions.
• Taken a career break to raise a family or further your education where you couldn't afford to save.
• Decided to retire earlier, which means you've got less time to save.

For any of these reasons, you may need to boost your pension, so that you will have enough money for the plans you have for your retirement. AVCs are one way that you can do this.

How do I start paying AVCs?

All you have to do is complete an AVC Form.