This is just one of the ways of topping up your benefits. Short for Additional Voluntary Contributions, AVCs are simply a form of investment to build up a separate pot of money, which you draw as a separate pension, and in some cases as a lump sum. Funds like ourselves have to offer AVCs through an outside provider - we have chosen Prudential. You could also pay into an outside arrangement, such as a personal pension, although different rules apply.
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The cost to you 
