Free Standing Additional Voluntary Contribution to a Pension Scheme - must comply with strict limits.
Free Standing Additional Voluntary Contribution - Non compulsory payments made by a member of an occupational pension scheme who wants to boost their retirement benefits but keep it separate from their occupational fund. Payments are made into a personal pension scheme.
Free Standing Additional Voluntary Contribution. A stand alone AVC operated outside the main pension scheme, and available to all active occupational pension scheme members, except controlling directors.
Free Standing Additional Voluntary Contributions" & _ " This is a scheme that can be contributed to in addition and independent from your occupational pension scheme (i.e. the contributions are made to an outside pension provider, not in-house like AVCs). The maximum you can invest into your combined pension and FSAVC/AVC scheme is 15% of your taxable earnings. They can be more expensive than the AVC offered by your company pension.
Free Standing Additional Voluntary Contribution - Non compulsory payments made by a member of an occupational pension scheme who wants to boost their retirement benefits, but keep the payments separate from their occupational fund. Payments are made into a separate FSAVC fund.
Free Standing Additional Voluntary Contributions. Where a member of an occupational pension scheme chooses to increase their retirement benefits by making additional payments into an AVC scheme other than the in-house scheme.
Free Standing Additional Voluntary Contributions. A scheme whereby an individual can make payment into an independent arrangement to supplement an occupational pension scheme as longs as the anticipated benefits from the two schemes together are less than the maximum permitted under the rules laid down by the Inland Revenue.