interesting reading above, so say post 1/4/04 entrant if they commenced avc probably scope to look at cost neutral retirement even at 60 (if avc allows) and maximise pension/lump?
interesting reading above, so say post 1/4/04 entrant if they commenced avc probably scope to look at cost neutral retirement even at 60 (if avc allows) and maximise pension/lump?
Yes, there are possibilities in it. The lump sum can be maximised (not to the full 150% of salary, a small reduction because of retirement before normal retirement age for the scheme) and an ARF fund could help bridge the gap to 65 (Supplementary) and/or State Pension age.