AVC Wise

Support your financial future with Shared Cost AVCs

Here at Carmarthenshire Council, Local Government Pension Scheme (LGPS) members have access to our valuable Shared Cost Additional Voluntary Contribution (Shared Cost AVC) employee benefit.

Our Shared Cost AVC scheme offers you a cost-efficient way to invest in your financial future. It enables you to top up your pension pot so you can look forward to a happy, financially healthy retirement.*

You’ll make savings in Income Tax and National Insurance contributions on the money paid into your pot, making this a very valuable way to save for retirement, meaning you could potentially retire early or with more money.

You could even withdraw your Shared Cost AVC plan 100% tax free at retirement!†

To learn more about Shared Cost AVCs, please register on our Shared Cost AVC platform.

You’ll have access to a wide range of resources to help you learn more. Click an option below to explore your valuable employee benefit and improve your financial wellbeing today:

• Book your place on a webinar
• Use the retirement calculator
• Watch bitesize videos
• Hear from other employees
• Read the FAQs

To contact AVC Wise directly, please email support@avcwise.co.uk, call 01252 959 779 or visit www.avcwise.co.uk to use the live chat service.

*A Pension is a long term investment, the fund value may fluctuate and can go down. Your eventual income may depend upon the size of the fund at retirement, future interest rate and tax legislation.

†You can take all or part of your Shared Cost AVC plan as a tax free lump sum as long as you take it at the same time as your main scheme benefits, and it does not exceed 25% of the combined value of your plan and your main scheme benefits.