Business, Legal & Accounting Glossary
Additional payments to a tax deferred savings account or an occupational pension scheme by an employee to boost a pension at retirement. ‘Free-Standing AVCs’ or ‘FSAVCs’ are essentially a private version of an AVC and can be used to top up contributions independently of the employer.
AVC
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This glossary post was last updated: 26th April, 2020 | 0 Views.