FSAVC

AcronymDefinition
FSAVCFree Standing Additional Voluntary Contribution (UK pension plan)
References in periodicals archive ?
I've been paying into my employers' pension since I started work and also the maximum amount to FSAVCs for the last 11 years.
If you are unsure about your FSAVC, talk to the firm that sold it.
I paid into my employer's pension scheme for 30 years and also the maximum to FSAVCs for nine years.
The pensions review is estimated to have cost pounds 2 billion in administration expenses, while the FSAVC one has cost pounds 80 million.
In terms of your FSAVC, get a quote from the provider and compare it with an open market option to get the best annuity rate.
I am employed and would like to know if I am allowed to contribute to more than one AVC and FSAVC in the same tax year in respect of the same employment?
Firms which, for example, used Scottish Mutual accumulated benefits worth pounds 4,397 for their members, but members who invested pounds 50 a month with Scottish Mutual through a FSAVC made only pounds 3,769.
These represented between six and 11 per cent of all FSAVC sales and the FSA estimated that the redress could be between pounds 122 million and pounds 241 million.
In terms of your FSAVC, get a quote from the provider but also compare this with an open market option in order to get the best annuity rate.
IN terms of your FSAVC, obtain a quote from the provider, but also compare this with an open market option in order to get the best annuity rate.