Can I increase my benefits?

Yes, you can! You have the option to pay extra contributions through Additional Voluntary Contributions (AVCs).

Although the Company does not match members’ AVCs, they are still an efficient way to save for many members because these contributions are also eligible for tax relief. So, if you are paying tax at the rate of 20%, every £1 that you save will only cost you 80p.

AVC per pay period Tax relief at 20% Cost to you