Additional Voluntary Contributions (AVCs)

This term is now redundant in its technical pre-April 2006 sense.

What you need to know post April 2006 if you have an existing AVC or FSAVC contract.

It will continue as a Money Purchase Arrangement, (possibly a Defined Benefit Arrangement in some “extra years” cases), and you can invest as much as you like, subject to the Annual and Lifetime Allowance rules.

If you have a policy of this type, begun before April 2006, bring it to us and we will be able to find out its current status and classification.