To pay AVC or not?

allaround

Registered User
Messages
13
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?
 

Early Riser

Frequent Poster
Messages
505
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.
 
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