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  • Nhs Avc Facility Amendment Form - Prudential Uk

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NHS AVC Facility NHS AVC Facility amendment form Printed form Please use black ink and write in CAPITAL LETTERS or tick as appropriate. Any corrections must be initialled. Please do not use correction.

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Answer: Additional Voluntary Contributions (AVCs) give you the option to pay contributions to build up additional retirement funds. These are administered by The Prudential (This link opens in a new window).

Disadvantages include: an AVC is a DC arrangement so you bear the risk of the investment performance. AVC contributions are subject to fees and charges.

These can be particularly lucrative, especially if your employer offers a defined benefit AVC, as it could secure you a healthy yearly income for your retirement. Many in the private sector are also drawn to AVCs, thanks to matched contributions or simply as a way to add more money to their pension.

AVCs are a defined contribution pension arrangement provided for your scheme usually by an insurance company or specialist pension provider. The fund available at retirement is determined by the combination of your contributions and any investment returns on these contributions less charges.

A Money Purchase 'Group' AVC is available through the NHS Pension Scheme. MPAVC arrangements are also available on a 'free standing' basis. NHS AVC providers offer a range of different investment funds. Contributions can be made to one or more of the available funds and can also be switched between funds.

If you pay additional voluntary contributions (AVCs) via the Scheme you may elect at retirement to take up to 100% of the accumulated fund in your AVC account as a tax-free lump sum provided that when added to the Scheme lump sum it does not exceed 25% of the overall value of your Scheme benefits (including your AVC ...

Subject to a minimum of €75 per month and a maximum determined by Revenue based upon your age, salary and your other pension contributions (Superannuation, Notional Service Purchase etc) you can select how much you contribute to your AVC fund. You can stop, start or pause your AVC contributions whenever you like.

The Prudential NHS Additional Voluntary Contribution (AVC) Scheme is an arrangement which lets you make tax- efficient additional savings on top of your existing NHS Pension Scheme. It can also provide additional life cover in the event of your death.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232