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FSAVC
(redirected from Free Standing Additional Voluntary Contribution)

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AcronymDefinition
FSAVCFree Standing Additional Voluntary Contribution (UK pension plan)


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A Free Standing Additional Voluntary Contribution scheme is available.
You could simply stop paying into the plan and leave the money to grow where it is, or you may be able to transfer it at no cost into a Free Standing Additional Voluntary Contribution plan with the same pension office.
Answer: For the benefit of readers, AVC stands for additional voluntary contributions made to a company pension scheme and FSAVC stands for free standing additional voluntary contributions, typically run by an insurance company chosen by you, rather than the main scheme trustees.
 
 
 
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